Question: I need help completing this worksheet. Can you please tell me what I did wrong and how I need to finish it? Thank you. Challenge
Challenge Problem em: Completing a work sheet Lo1, 2, 3, 4,5,6 ven in 6C ompany had a small fre in its office. The fire destroyed some of the accounting records. On November ProSource Company had a tyear, the end of a monthly fiscal period, the following information was constructed from 30 of the current year, the o of the crecords and other sources. A work sheet is given in the Working Papers nstructed from the Remains of the general ledger: Account Titles Account Balances Accounts Receivable-C. Grumpa Donna Beggin, Drawing Sales $1,650.00 1,400.00 600.00 7,600.00,u 400.00 Rent Expense 1,200.00 780.00 Utilities Expense information from the business's checkbook: Cash balance on last unused check stub Total payments for miscellaneous expense Total payments for insurance $6,238.00 100.00 800.00 nformation obtained through inquiries to other businesses: Owed to Century Supplies Value of prepaid insurance, November 30 $3,000.00 Csed 500.00 Information obtained by counting supplies on hand after the fire: Supplies on hand $400.00 Instructions: l. From the information given, prepare a heading and reconstruct a trial ba 2. Complete the work sheet e 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
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