(90 min) L01,2 Using the information provided on the partial worksheet for Jerry's Supplies shown on page 421, your task is to a. Complete the worksheet. b. Prepare the income statement, statement of owner's equity, and classified 12B-3. balance sheet. The amount of the mortgage due the first year is $800. c. Journalize the adjusting and closing entries. Figure 12.19 JERRYS SUPPLIES WORKSHEET FOR THE YEAR ENDED DECEMBER 31, 2019 Trial Balance Account Titles Cash Accounts Receivable Dr. Cr Dr. Cr. 300000 11 700 00 1000 00 0000 (A) 35000 (D) Prepaid Insurance Equipment Accum. Depn Accounts Payable Unearned Training Fees 5 1900 00 100 00 145 000 240000 75 0 00 0000 (C) (B) 40000 Payable J. Vanwyk, Capital J. Vanwyk, Withdrawals Sales Sales Returns and Allowances Sales Discounts Cost of Goods Sold Check Figure: Net Loss $8,550 00800 00 100 00 280000 300 00 800000 500 00 6000 00 (A) | 2 | 000 Rent Expense Salaries Expense 136 4 00 00 136 4 00 00 Tr Fees Earned 0000 (B) 50 0 00 Insurance Expense (D) 3 5000 14 5 0 00 14 5 0 00