Question

The trial balance for Daniel’s Repair Service appears in Figure.


Adjustment Data to Update Trial Balance
a. Insurance expired, $450.
b. Repair supplies on hand, $2,300.
c. Depreciation on repair equipment, $200.
d. Wages earned but unpaid, $400.
Your task is to
1. Complete a worksheet for Daniel’s Repair Service for the month of April.
2. Prepare an income statement for April, a statement of owner’s equity for April, and a balance sheet as of April 30,201X.


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  • CreatedApril 24, 2014
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