A beginning accounting student tried to complete a work sheet for Dick Ady's Bookkeeping Service. The following adjusting entries were to have been analyzed and entered in the work sheet:

(a) Ending inventory of supplies on July 31, $130.

(b) Unexpired insurance on July 31, $420.

(c) Depreciation of office equipment, $325.

(d) Wages earned, but not paid as of July 31, $95.

REQUIRED

Review the work sheet for addition mistakes, transpositions, and other errors and make all necessary corrections.

Dick Ady's Bookkeeping Service Work Sheet For Month Ended July 31, 20-- TRIAL BALANCE BALANCE SHEET ADJUSTMENTS ADJUSTED TRIAL BALANCE INCOME STATEMENT ACCOUNT TITLE CREDIT DEBIT CREDIT CREDIT DEBIT DEBIT CREDIT DEBIT DEBIT CREDIT 1365 00 845 00 130 00 730 00 O 32 5 00 6 7 25 00 1365 00 84 5 00 62 000 1150 00 6 4 0 0 00 1356 00 1 Cash 2 Accounts Receivable 3 Supplies 4 Prepaid Insurance 5 Office Equipment 6 Accum. Depr.-Office Equipment 7 Accounts Payable 8 Wages Payable 9 Dick Ady, Capital 10 Dick Ady, Drawing 11 Professional Fees 12 Wages Expense 13 Advertising Expense 14 Rent Expense 15 Supplies Expense 16 Telephone Expense 17 Utilities Expense 18 Insurance Expense 19 Depr. Expense-Office Equipment 20 Miscellaneous Expense 21 Net Income 845 00 130 00 |73 0 00 6725 00 (a) 49 0 00 4 2 000 735 00 95 00 780 0 00 | 73 5 00 735 00 7 5 9 00 8 7800 00 9 95 00 (d) 780 0 00 1200 00 1200 00 1200 00 10 6 350 00 6 35 0 00 6 350 00 11 1495 00 38 0 00 85 0 00 159 0 00 3 8 0 00 850 00 490 00 205 00 285 00 420 00 325 00 9 5 00 1590 00 38 0 00 850 00 | 4 9 0 00 |2 50 00 |28 5 00 4 20 00 32 5 00 9 0 00 1330 00 15 6 3 0 00 14 9 80 00 4 8 8 0 00 7 19 5 00 10|14100 8 5 9 4 00 21 2315 00 7195 00 (d) 12 13 14 (a) 49 0 00 15 |205 00 |28 5 00 16 17 (b) 4 20 00 (c) 3 25 00 18 19 90 00 90 00 20 14 8 8 5 00 14 8 85 00 133 0 00 154 7 00 22 100 10 1 4 1 00 23 22 7195 00 10 14 23