Exercise 4-4 (Algo) Completing work sheet adjustments LO P1 1. Use the following information to complete the Adjustments and Adjusted Trial Balance columns of the work sheet a. Depreciation on equipment. $23 b. Accrued salaries, $26 c. The $32 of unearned revenue has been earned d. Supplies available at December 31, 5115 e. Expired insurance, $35 2. Extend the balances in the Adjusted Trial Balance columns of the work shqet to the proper financial statement columns Compute totals for those columns, including net income WESTCOTT COMPANY Work Sheet For Year Ended December 31 Unadjusted Trial Balance Account Title Adjustments Adjusted Trial Balance Income Statement Balance Sheet & Statement of Owner's Equity Cream Debit Credit Debit Credit Debit Credit Debit Credit Cash Accounts receive Supplies Prepaid insurance Equipment Acoume deprecationen Bait $ 121 72 144 58 75 5 55 For www Ended December ACOM Title Unadjusted Trial Balance Adatments Adjusted Trial Balance Income Statement Balance Sheet A Statement of Owner's Equity Credit De Crest Debit Credit Debit Crede Debit Credit Debit 121 72 144 56 39 1 35 Cash Accounts receivable Supplies Prestane Equiment Accurred in E Accounts payable Se payat dre w West w West With Services Deputationem 32 114 20 275 . Incepe 5 5725 21 no This 3 5