using the following information for bob s flowers for 200x and trial balance account 501354

Using the following information for Bob s Flowers for 200x, and trial balance accounts and balances on the work sheet provided, complete the work sheet, prepare adjusting and closing journal entries, and (in good form) prepare a Income Statement, Statement of Retained Earnings and Balance Sheet.

Expired insurance totals $8. Of the unearned revenue, all has been earned by the balance sheet date. Estimated depreciation of equipment is $6. Accrued wages equal $4. Unused supplies on hand are $4. Estimated income taxes are $2.
Account Name

Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet

Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit

Cash 30

Account Receivable 20

Prepaid Insurance 12

Supplies 10

Equipment 40

Supplies expense
Accumulated Depreciation, Equipment 6

Account Payable 12

Unearned Revenue 8

Common Stock 64

Dividends 2

Service Revenue 48

Wages Expense 24

138 138