Using the following trial balance and adjustment data for Vivian€™s Repair
Co. of Windsor, prepare:
1. A worksheet for October
2. An income statement for October, a statement of owner€™s equity for October, and a balance sheet as of October 31, 2013
Adjustment Data
a. One-quarter of the prepaid insurance has expired.
b. Repair supplies on hand, $795.
c. Amortization on repair equipment is based on the straight-line approach, with a 10-year life and a residual value of $1,200.
d. Amortization on building is also straight-line, 50-year life, and no residual value.
e. Wages earned but unpaid amounted to 76 hours at $14 per hour at month-end.

VIVIAN'S REPAIR CO. TRIAL BALANCE OCTOBER 31, 2013 Dr. 332600 138900 114800 846000 5000000 Cr Cash Prepaid Insurance Repair Supplies Repair Equipment Building Accumulated Amortization, Repair Equipment 9 5 200 1250000 2724 00 430s5 00 cumulated Amortization, Building Accounts Payable Vivian Hunter, Capital Vivian Hunter, Withdrawals Repair Fees Revenue Wages Expense Utilities Expense Advertising Expense Totals 1340000 286 8500 1089000 84100 149200 909 4600 909 4600