The unadjusted trial balance at April 30, 2021, and adjustment data for the month of April 2021 for Garden Designs are presented below:

Additional information:

1. $500 of the unearned revenue is to be recognized because the related gardening services have been provided by April 30, 2021.

2. The equipment has an estimated useful life of eight years.

3. Interest on the note payable is due on the fi rst day of each month for the previous month?s interest. The note payable has a 6% annual interest rate.

Instructions

Prepare the work sheet for the month ended April 30, 2021.

Transcribed Image Text:

GARDEN DESIGNS Trial Balance April 30, 2021 Debit Credit Cash $11,430 Accounts receivable 8,780 Prepaid rent Equipment Accumulated depreciation-equipment Accounts payable Notes payable 4,875 24,000 $ 6,000 5,650 12,000 Unearned revenue 1,500 T. Muzyka, capital T. Muzyka, drawings 25,960 4,150 Service revenue 15,400 Salaries expense Interest expense 9,865 660 Depreciation expense 2,750 $66,510 $66,510