page 153
1. Prepare and complete a 10-column work sheet for the current
fiscal year, starting with the unadjusted trial balance and
including adjustments using the following additional
information.
a. Supplies available at the end of the current fiscal year total
$3,300.
b. Cost of expired insurance for the current fiscal year is
$3,800.
c. Annual depreciation on equipment is $8,400.
d. June utilities expense of $650 is not included in the
unadjusted trial balance because the bill arrived after the
trial balance was prepared. The $650 amount owed must be
recorded.
e. Employees have earned $1,800 of accrued and unpaid
wages at fiscal year-end.
152 /991/n
Fig: 1
Fig: 2