The unadjusted trial balance for Swift Creek Engineering at its year end, December 31, 2014, is as follows:

Additional information:
1. Revenue of $1,440 was earned but unrecorded as at December 31, 2014.
2. On June 1, the company purchased a one-year insurance policy.
3. Depreciation on the equipment for 2014 is $2,780.
4. A count on December 31, 2014, showed $750 of supplies on hand.
5. The four-month, 4% note receivable was issued on October 1, 2014. Interest and principal are payable on the maturity date.
The unadjusted trial balance at December 31, 2014, and the year-end adjustment data for Swift Creek
Engineering is presented in E4-7.
Instructions
Prepare the work sheet for the year ended December 31, 2014?

Transcribed Image Text:

SWIFT CREEK ENGINEERING Trial Balance December 31, 2014 Debit Credit Cash Accounts receivable Supplies Prepaid insurance Notes receivable Equipment Accumulated depreciation-equipment Accounts payable H. Duguay, capital H. Duguay, drawings Service revenue Salaries expense $ 8,450 6,250 5,260 7,440 12,000 27,800 $ 8,340 4,560 34,900 53,500 112,300 39,400 $160,100 $160,100