From the trial balance in Figure 11.11, complete a worksheet for Jim's Hardware. Assume the following:

a./b. Ending inventory on December 31 is calculated at $340.

c. Insurance expired, $110.

d. Depreciation on store equipment, $70.

e. Accrued wages, $80.

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JIM'S HARDWARE TRIAL BALANCE DECEMBER 31, 201X Balance Account Dr. Cr. Cash Accounts Receivable Merchandise Inventory Prepaid Insurance Store Equipment Accumulated Depreciation, Store Equipment Accounts Payable Jim Spool, Capital Income Summary Hardware Sales Hardware Sales Returns and Allowances Hardware Sales Discount Purchases Purchases Discount Purchases Returns and Allowances Wages Expense Rent Expense Telephone Expense Miscellaneous Expense 79100 12 5200 6 00 00 6 66 00 2 1 9 0 00 63 000 48 500 160800 116 1000 89100 208 00 2 64 00 168 00 9000 11기0| 8100 7 9 2 00 14900 8000 Totals 14 591100 1459100