Question: 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
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.
- Depreciation on equipment, $10
- Accrued salaries, $13
- The $19 of unearned revenue has been earned
- Supplies available at December 31, $50
- Expired insurance, $22
2. 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.

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