Question: Problem 5.1A (Static) Completing the worksheet. LO 5-2, 5-3 The trial balance of Ortiz Company as of January 31, 20X1, after the company completed the

Problem 5.1A (Static) Completing the worksheet. LO 5-2, 5-3 The trial balance of Ortiz Company as of January 31, 20X1, after the company completed the first month of operations, is shown in the partial worksheet below. Required: Complete the worksheet by making the following adjustments: supplies on hand at the end of the month, $4,200; expired insurance, $5,500; depreciation expense on equipment for the period, $1,600. Analyze: How does the insurance adjustment affect Prepaid Insurance? Complete this question by entering your answers in the tabs below

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