The unadjusted trial balance and adjustment data for Silver Ridge Plumbing are presented in P4-4A.

Data for Silver Ridge Plumbing from P4-4A.

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

Transcribed Image Text:

SILVER RIDGE PLUMBING Trial Balance October 31, 2014 Debit s 15,420 26,000 20,000 120,000 Crealii Cash Debt investments Equipment Accumulated depreciation-equipment Vehicles Accumulated depreciation-vehicles Accounts payable Unearned revenue Notes payable H. Burke, capital H. Burke, drawings Service revenue Interest revenue Fuel expense Insurance expense Interest expense Rent expense Salaries expense 42,000 110,000 48,125 7,950 5,000 55,000 75,750 36,000 200,125 400 28,038 9,500 3,392 21,000 45,000 34,33SA3A350