complete the worksheet.

Plant assets purchased before the middle of the month is depreciated as if

purchased at the beginning of the month. TWO DECIMAL PLACES

CRUZ Photograpghy Services

Worksheet
for the month ended January 31, 2021
ACCOUNT TITLES TRIAL BALANCE ADJUSTMENTS
Debit Credit Debit
Cash 101,240.00
Accounts Receivable 185,500.00
Supplies 64,100.00
Furnitures & Fixtures 70,000.00
Equipment 231,000.00
Prepaid Insurance 12,000.00
Prepaid Rent 15,000.00
Accounts Payable 138,500.00
Notes Payable 42,500.00
A. Cruz, Capital 352,000.00
A. Cruz, Drawing 5,000.00
Service Revenue 226,900.00
Advertising Expense 20,000.00
Salaries Expense 30,000.00
Utilities Expense 14,990.00
Miscellaneous Expense 1,070.00
Taxes & Licenses 10,000.00
Total

NET INCOME
s depreciated as if

UZ Photograpghy Services
Worksheet
month ended January 31, 2021
ADJUSTMENTS ADJUSTED TRIAL BALANCE INCOME STATEMENT BALANCE SHEET
Credit Debit Credit Debit Credit Debit Credit