Complete the worksheet. Use letters a through e to label the five adjustments. The account names and unadjusted trial ba

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answerhappygod
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Complete the worksheet. Use letters a through e to label the five adjustments. The account names and unadjusted trial ba

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Complete the worksheet. Use letters a through e to label the
five adjustments.
The account names and unadjusted trial balance amounts as
provided in the question have been entered into the worksheet for
you. Finish the partial worksheet by completing the adjustments and
adjusted trial balance columns. Complete the Adjustments columns by
using the letters a through e to label the five adjustments.
​(Abbreviation used: Equip.​ = Equipment.)
Grayson Production Company
Worksheet
December 31, 2018
Unadjusted Trial Balance
Adjustments
Adjusted Trial Balance
Account Names
Debit
Credit
Debit
Credit
Debit
Credit
Cash
$2,900
Accounts Receivable
6,200
Office Supplies
1,500
Prepaid Insurance
1,400
Equipment
31,000
Accumulated Depreciation-Equip.
$8,700
Accounts Payable
3,800
Salaries Payable
Common Stock
18,800
Dividends
32,000
Service Revenue
75,000
Depreciation Expense-Equip.
Supplies Expense
Utilities Expense
4,300
Salaries Expense
27,000
Insurance Expense
Total
$106,300
$106,300
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