PROBLEM 1 (25pts) Update the trial balance for Kreg's Moving Co. October 31, 201X. Adjustment Data to Update Trial Balance a. Insurance expired, $550. b. Moving supplies on hand, $800. c. Depreciation on moving truck, $550. d. Wages earned but unpaid, $300. Your task is to: 1. Complete a worksheet for Kreg's Moving Co. for the month of October. 2. Prepare an income statement for October, a statement of owner's equity for October, and a balance sheet as of October 31, 201X. Tour task is to: 1. Complete a worksheet for Kreg's Moving Co. for the month of October. 2. Prepare an income statement for October, a statement of owner's equity for October, and a balance sheet as of October 31, 2017. KREG'S MOVING CO. TRIAL BALANCE OCTOBER 31, 201X 60 00 00 2 40000 100 000 18 0 0 0 00 Account Titles Cash Prepaid Insurance Moving Supplies Moving Truck Accumulated Depreciation, Moving Truck Accounts Payable K. Hill, Capital K. Hill, Withdrawals Revenue from Moving Wages Expense Rent Expense Advertising Expense Totals 600 000 2 7 6 8 00 16 39 300 150 000 8800.00 371200 172000 62 900 33 96100 33 96100