# 0 10. Using the additional information and the work sheet provided, record the year-end adjustments in the Adjustments column and extend all amounts to the Income Statement and the Balance Sheet columns. Balance the work sheet Additional Information 1. Inventory of supplies at year-end is $625. 2. Unexpired insurance at year-end is $475. 3. Closing inventory of merchandise is $16 000. Year Ended December 31, 20-2 G. Walsh Enterprises Work Sheet TRIAL BALANCE ADJUSTMENTS INCOME STATEMENT BALANCE SHEET CR DR CR DR CR Accounts DR DR Bank 6 000 Accounts Receivable 12 000 Merchandise Inventory 14 000 200 Supplies 1 450 825 Prepaid Insurance 900 425 Furniture 10 000 Accounts Payable 8 000 G. Walsh, Capita 35 350 G. Walsh, Drawings 2 000 Sales 30 000 Purchases 20 000 Wages Expense 6 000 General Expense 1 000 73 350 73 350 Merchandise exsperse 200 supplies exspens 825 insurance expense 425 1450