Requirement 3. Prepare a worksheet.

Complete the worsheet one section at a time, beginning with the Adjustments columns. When completing the Adjustments column, enter a posting reference along with each debit or credit amoun that corresponds to the letter of the adjusting entry (A., B., C., etc.) For the Income Statement and Balance Sheet columns, remember to include the net income or loss after the totals and then total the columns again. (Leave unused fields blank. Do not enter a "0" for any zero balances.)

View the adjusting entries that you prepared above.

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View the general ledger that you prepared above.

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Paul's Plowing
Worksheet
Month Ended January 31, 202X
		Trial Balance		Adjustments
	Account Titles	Debit	Credit		Debit		Credit
	Cash	10,670
	Accounts Receivable	1,500
	Prepaid Rent	800				B.	200
	Snow Supplies	1,300				A.	800
	Office Equipment	11,400		C.	190
	Snow Equipment	9,000		D.	150
	Accounts Payable		6,300
	P. Meb, Capital		24,000
	P. Meb, Withdrawals	7,000
	Plowing Fees		13,500
	Salaries Expense	1,400		E.	210
	Advertising Expense	600
	Cell Phone Expense	130
		43,800	43,800
	Snow Supplies Expense			A.	800
	Rent Expense			B.	200
	Dep. Expense, Office Equip.					C.	190
	Acc. Dep., Office Equip.
	Dep. Expense, Snow Equip.					D.	150
	Acc. Dep., Snow Equip.
	Salaries Payable					E.
	Totals
	Net Income
	Totals

Adjusted Trial Balance
Debit	Credit
10670
1500
600

Income Statement
Debit	Credit