The unadjusted trial balance and adjustment data for Nazari Electrical Services are presented in P4-4B.

Data from P4-4B.

Instructions
Prepare a work sheet for the year ended August 31, 2014.
Taking It Further
Explain why preparing a work sheet is an optional step in the accounting cycle?

NAZARI ELECTRICAL SERVICES Trial Balance August 31, 2014 Debit Credit S 13,870 Supplies Debt investments Equipment Accumulated depreciation-equipment Vehicles Accumulated depreciation-vehicles Accounts payable Unearned revenue Notes payable A. Nazari, capital A. Nazari, drawings Service revenue Interest revenue Fuel expense Insurance expense Interest expense Rent expense Salaries expense 18,000 108,000 $ 38,250 98,000 42,875 7,115 48,000 68,175 32,400 180,115 25,235 8,550 2,535 18,900 40,500 $389,390 $389,390