ransaction Analysis and Adjustments Mark Ladd opened Ladd Roofing Service on April 1. The unadjusted $5,645 Accounts payable 4,600 Unearned revenue Accounts receivable Supplies Prepaid insurance Accumulated depreciation - Truck Equipment 1,200 Common Stock 2,880 Retained earnings (begin 6,000 Roofing fee revenue Fuel expense

ransaction Analysis and Adjustments Mark Ladd opened Ladd Roofing Service on April 1. The unadjusted account balances as of April 30 are as a. Using the Transaction Analysis Template, determine the financial statement effect of each of the necessary 1. Supplies on hand on April 30 amounted to $400. 2. A two-year insurance policy was purchased on April 1. 3. The used truck was purchased on April 1 and has an estimated useful life of 4 years. 4. The items in the Equipment account were purchased on April 1 and have an estimated useful life of 7 years. ransaction Analysis and Adjustments Mark Ladd opened Ladd Roofing Service on April 1. The unadjusted account balances as of April 30 are as a. Using the Transaction Analysis Template, determine the financial statement effect of each of the necessary 1. Supplies on hand on April 30 amounted to $400. 2. A two-year insurance policy was purchased on April 1. 3. The used truck was purchased on April 1 and has an estimated useful life of 4 years. 4. The items in the Equipment account were purchased on April 1 and have an estimated useful life of 7 years