July 21, 2023

A.M. Vegas started a business called Blazinsevens. The following is the Trial Balance as of December 31 on the first year of operations. Using this information, please complete the re

A.M. Vegas started a business called Blazinsevens. The following is the Trial Balance as of December 31 on the first year of operations. Using this information, please complete the remainder of the attached worksheet.

Office supplies inventory as of December 31, $190.
Unexpired insurance as of December 31, $700
Depreciation of delivery equipment, $450.
Wages earned but not paid as of December 31, $225.

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Blazinsevens

Worksheet

For the month ended December 31, 20xx

Unadjusted

Adjusted

Income

Balance Sheet /

Trial Balance

Adjustments

Trial Balance

Statement

Owner's Equity

Account Titles

Debit

Credit

Debit

Credit

Debit

Credit

Debit

Credit

Debit

Credit

Cash

2090

Accounts Receivable

4100

Office Supplies

400

Prepaid Insurance

900

Delivery Equipment

8000

Accum. Depreciation

Accounts Payable

3575

Wages Payable

A.M.Vegas, Capital

7000

A.M.Vegas, Drawing

430

Service Revenue

6600

Wages Expense

900

Advertising Expense

175

Telephone Expense

180

Supplies Expense

Insurance Expense

Depreciation Expense

17175

Net Income

A.M. Vegas started a business called Blazinsevens. The following is the Trial Balance as of December 31 on the first year of operations. Using this information, please complete the re

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