Exercise 3-22B (Static) Preparing unadjusted and adjusted trial balances, including the adjustments LO P8 2. Use the following adjustment information to complete the Adjustments columns of the work sheet a Depreciation on equipment, $3 b. Accrued salaries, $6 c. The $12 of unearned revenue has been earned d. Supplies available at December 31, $15 e. Expired insurance, $15 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. ces WESTCOTT COMPANY Partial Work Sheet For the year ended December 31 Adjusted Adjustments Trial Balance Bala Income Statement Unadjusted Trial Balance Cr. Dr. Cr. Dr. Cr Dr. Dr. CE $ 21 12 24 Account Title Cash Accounts receivable Supplies Prepaid insurance Equipment Accum. depreciation Equip Accounts payable 18 39 $ 15 6 GA Check my work Partial Work Sheet For the year anded December 31 Adjustments Adjusted Triat Balance Income Statement Balance that and an of Retained Caming D Unadjusted Trial Balance Dr Cr S 21 12 24 Cr Dr. CA Dr. CF De SES $ 15 6 12 Account Title Cash Accounts receivable Supplies Prepaid insurance Equipment Accum. depreciation Equip Accounts payable Salarios payable Uneamed revenue Common stock Retained earnings Dividends Services revenue Depreciation expense-Equip Salaries expense Insurance exponso Supplies expense Utilities expense Totais Net income 10 32 6 75 18 0 12 150 S 05 0 0 $ $ 150 $ 0 $ $ 0 $ 0 $ 05 Totals