Question: 6 Exercise 4-4 Preparing unadjusted and adjusted trial balances, including the adjustments LO P1 points 2. Use the following adjustment information to complete the Adjustments

 6 Exercise 4-4 Preparing unadjusted and adjusted trial balances, including the

6 Exercise 4-4 Preparing unadjusted and adjusted trial balances, including the adjustments LO P1 points 2. Use the following adjustment information to complete the Adjustments columns of the work sheet. a. Depreciation on equipment. $19 b. Accrued salaries, $22 c. The $28 of unearned revenue has been earned d. Supplies available at December 31, $95 e. Expired Insurance, $31 Paint 3. Extend the balances in the Adjusted Trial Balance columns of the work sheet to the proper financial statement columns Compute totals for those columns including net income. References WESTCOTT COMPANY Partial Work Bheet For the year ended December 31 Adjusted Adjustments Trial Balance Or Cr Income Statement Balance Sheet Unadjusted Trial Balance De Cr. $ 101 Account The 120 50 71 $ 47 22 20 170 Accounts receivable Supplies Prepaid insurance Equipment Accum. depreciation Equip Accounts payable Salaries payable Uneamed revenue W. Weston, Capit W. Westcott, Withdrawal Revenue Depreciation expense-Equip Salaries expense Insurance expense Supplies expense Utimis expense Totals Net Income Totals 38 235 34 $ 28 5025 5025 OS 05 05 D $ 0$ 0 $ $

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