As the accountant for Jim?s Hardware, you have been asked tocom-plete a worksheet from the following trial balance as well asadditional data.

Additional Data

1. Physical count of inventory on December 31, $836

2. Insurance expired, $112

3. Depreciation expense on store equipment, $90

4. Accrued wages, $150

Trial Balance for Jim?s Hardware

Transcribed Image Text:

JIM'S HARDWARE TRIAL BALANCE DECEMBER 31, 2018 Dr. Cr. Cash 96000 160000 73600 Accounts Receivable Merchandise Inventory 111200 320000 Prepaid Insurance Store Equipment 168000 140800 Accumulated Depreciation, Store Equipment Accounts Payable J. Spool, Capital 257600 Sales 14 80000 728 00 68800 Sales Returns and Allowances Sales Discounts Cost of Goods Sold 66 0000 Wages Expense 230400 Rent Expense 184000 Telephone Expense 55200 Miscellaneous Expense 14400 20 46 4 00 20 46400