laura eddy 458815
Prepare a trial balance at March 31 on a worksheet. Enter the following adjustments on the worksheet and complete the worksheet. (If answer is zero, please enter 0. Do not leave any fields blank.)
Earned but unbilled revenue at March 31 was $706.
Depreciation on equipment for the month was $252.
One-twelfth of the insurance expired.
An inventory count shows $378 of cleaning supplies on hand at March 31.
Accrued but unpaid employee salaries were $488.
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EDDY’S CARPET CLEANERS
Worksheet
For the Month Ended March 31, 2010
Trial Balance
Adjustments
Adjusted Trial Balance
Income Statement
Balance Sheet
Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr.
Cash
Accounts Receivable
Cleaning Supplies
Prepaid Insurance
Equipment
Accounts Payable
L. Eddy, Capital
L. Eddy, Drawings
Service Revenue
Gas & Oil Expense
Salaries Expense
Totals
Depreciation Expense
Accumulated Depreciation
Insurance Expense
Cleaning Supplies Expense
Salaries Payable
Totals
Net Income
Totals
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