Question 4. Using the information from 3, Prepare the Income statement and Statement of Financial Position.

3. Complete the worksheet below after making adjusting entries for the following data: Insumnce expired, $100 Depreciation, $1,000 @ Earned $300 of unearned service revenue O Accrued salaries, $200 O Accrued interest expense on the note payable, $50 @ Service revenue earned but not received, $200 6 Supplies on hand at year's end, $1,000 Trial Balance Adjustments Income Statement Balance Sheet Account Cr Or Cr Dr Cr Dr Cash 13100 A/R 8000 Prepaid Insurance 400 Supplies 2000 Equipment 51500 Accumulated Depreciation 12000 Notes Payable 3000 Unearned Service Revenue 1500 Share Capital 39000 Retained 19000 Earnings Service Revenue 4000 Salaries Expense 2000 Utilities Expense 1500 78500 78500