From the following data, make the following adjustments, and complete the worksheet for the month. (a) Depreciation Expense is $250. (b) Supplies available $250, supplies on hand $75. (c) Prepaid Insurance balance $400, $100 has expired. (d) Wages for the 5-day work-week are $500, the month ended on a Wednesday.

DR CR DR CR DR CR DR CR DR CR

Cash 750

Accts. Receivable 400

Supplies 250

Prepaid Ins. 400

Equipment 7,000

Accts. Payable 900

Capital 7,100

Capital 900

Wages Expense 100

Totals 8,900 8,900

Question

From the following data, make the following adjustments, and complete the worksheet for the month.
(a) Depreciation Expense is $250.
(b) Supplies available $250, supplies on hand $75.
(c) Prepaid Insurance balance $400, $100 has expired.
(d) Wages for the 5-day work-week are $500, the month ended on a Wednesday.

	DR	CR	DR	CR	DR	CR	DR	CR	DR	CR
Cash	750
Accts. Receivable	400
Supplies	250
Prepaid Ins.	400
Equipment	7,000
Accts. Payable		900
Capital		7,100
Capital		900
Wages Expense	100
Totals	8,900	8,900

Quizplus · Accepted Answer

The Answer of From the following data, make the following adjustments, and complete the worksheet for the month. (a) Depreciation Expense is $250. (b) Supplies available $250, supplies on hand $75. (c) Prepaid Insurance balance $400, $100 has expired. (d) Wages for the 5-day work-week are $500, the month ended on a Wednesday.

	DR	CR	DR	CR	DR	CR	DR	CR	DR	CR
Cash	750
Accts. Receivable	400
Supplies	250
Prepaid Ins.	400
Equipment	7,000
Accts. Payable		900
Capital		7,100
Capital		900
Wages Expense	100
Totals	8,900	8,900

From the Following Data, Make the Following Adjustments, and Complete