record the trial balance on ten colomun work sheet

[Ayush Nair]

cash…..7525
supplies….4870
prepaid insurance….1950
equipment………31500
accumulated depreciation of the equipment……..9750
truck….42000
accumulated depreciation on truck….26400
account payable….4015
tom capital….25800
tom drawing….18000
service revenue….99950
ages expense….37925
rent expense….9600
truck expense…9350
miscellaneous expense….3195
total……..165915

Adjustment data
A) inventory of supplies @ dec 31…3910
B) insurance premium expired….5350
C) depreciation on equipment…6200
D) depreciation on truck during the year….6200
E) wages accrued but not paid @ dec 31….700

instruction
1) record the trial balance on ten colomun work sheet and complete it
2) prepare A) income statement B) statement of owners equity and balance sheet
3) journalize adjusting entries
4) journalize closing entry
5) prepare post closing entry…..

[Author]

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