The trial balance and adjustment data of Brooke’s Motors

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P4-30B Preparing a worksheet and the financial statements [40-50 min]

The trial balance and adjustment data of Brooke’s Motors at September 30,
2012, follow

Brooke's Motors
Trial Balance
September 30, 2012

Cash 4,200
Accounts receivable 26,500
Supplies 800

so on ...
Adjustment data at September 30, 2012:

a. Depreciation on equipment, $1,100.
b. Accrued wage expense, $500.
c. Supplies on hand, $700.
d. Prepaid insurance expired during September, $200.
e. Unearned service revenue earned during September, $4,500.
f. Accrued service revenue, $900.

Requirements

1. Complete Brooke’s worksheet for September. Key adjusting entries by letter.

2. Prepare the income statement, the statement of owner’s equity, and the classified
balance sheet in account form for the month ended September 30, 2012.