6.C Challenge Problem: Completing a work sheet 01,2,3,4,5,6 Sales ProSource Company had a small fire in its office. The fire destroyed some of the accounting records. On November 30 of the current year, the end of a monthly fiscal period, the following information was constructed from the remaining records and other sources. A work sheet is given in the Working Papers. Remains of the general ledger: Account Titles Account Balances Accounts Receivable--C. Grumpa $1,650.00 Supplies 1,400.00 Donna Beggin, Drawing 600.00 7,600.00 Advertising Expense 400.00 Rent Expense 1,200.00 Utilities Expense 780.00 Information from the business's checkbook: Cash balance on last unused check stub $6,238.00 Total payments for miscellaneous expense 100.00 Total payments for insurance 800.00 Information obtained through inquiries to other businesses: Owed to Century Supplies $3,000.00 500.00 Value of prepaid insurance, November 30 Information obtained by counting supplies on hand after the fire: Supplies on hand $400.00 Instructions: 1. From the information given, prepare a heading and reconstruct a trial balance on a work sheet. The owner's capital account balance is the difference between the total of all debit account balances minus the total of all credit account balances 2. Complete the work sheet. Chapter 6 185 Work Sheet and Adjusting Entries for a Service Business