Question: Jurassic Park Co. prepares monthly financial statements from a worksheet. Selected portions of the January worksheet showed the following data. During February, no events occurred

Jurassic Park Co. prepares monthly financial statements from a worksheet. Selected portions of the January worksheet showed the following data.

Jurassic Park Co. Page Layout ome Insert Formulas Data Review View P18

During February, no events occurred that affected these accounts. But at the end of February, the following information was available.

(a) Supplies on hand $715

(b) Monthly depreciation $257

(c) Accrued interest $ 50

Instructions

Reproduce the data that would appear in the February worksheet, and indicate the amounts that would be shown in the February income statement.

Jurassic Park Co. Page Layout ome Insert Formulas Data Review View P18 fx A D Jurassic Park Co. Worksheet (partial) For the Month Ended Jan. 31, 2020 Adjusted Trial Balance Trial Balance Adjustments Cr. Account Titles Dr. Dr. Cr. Dr. Cr. 8 Supplies 9 Accumulated Depreciation-Equipment 10 Interest Payable 11 Supplies Expense 12 Depreciation Expense 13 Interest Expense 3,256 |(a) 1,500 1,756 () 6,939 6,682 257 (c) 150 100 50 (a) 1,500 1,500 (b) 257 257 (c) 50 50

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