Using the trial balance in Figure and adjustment data of Kyler€™s Moving Co., prepare
1. A worksheet for the month of January.

2. An income statement for January, a statement of owner€™s equity for January, and a balance sheet as of January 31, 201X.
Adjustment Data to Update Trial Balance
a. Insurance expired, $450.
b. Moving supplies on hand, $400.
c. Depreciation on moving truck, $350.
d. Wages earned but unpaid,$180.

Transcribed Image Text:

KYLER'S MOVING CO. TRIAL BALANCE JANUARY 31, 201X Dr Cr. Cash 1100000 18 lies Movin Moving Truck Accumulated Depreciation, Moving Truck Accounts Payable K. Hilton, Capital K. Hilton, Withdrawals Revenue from Moving Wages Expense Rent Expense Advertising Expense 16000 550000 270000 1922 800 130000 315 35 28100 35| 기 2800