Clear Copy Co. Worksheet For month ended December 31, 2021 Unadjusted Trial Balance Adjustments Debit Adjusted Trial Balance Debit Account Income Statement Balance Sheet No Title Debit Credit Credit Credit Debit Credit Debit Credit 101 Cash 102 Store Supplies 103 Prepaid Insurance 104 Copy Equipment 105 Accumulated Depreciation 201 Accounts Payable 202 Salaries Payable 203 Unearned Copy Services Revenue 301 Terry Dow, Capital 302 Terry Dow, Withdrawals |401 Copy Services Revenue 501 Depreciation Expense 502 Salaries Expense 503 Insurance Expense 504 Rent Expense 505 Store Supplies Expense 506 Utilities Expense 7,950.00 7,950.00 7,950.00 3,720.00 1,500.00 2,220.00 2,220.00 2,400.00 26,000.00 1,600.00 800.00 800.00 26,000.00 26,000.00 1,300.00 1,300.00 1,300.00 6,200.00 6,200.00 6,200.00 200.00 200.00 200.00 3,000.00 30,000.00 2,000.00 30,000.00 2,000.00 30,000.00 1,000.00 400.00 400,00 400.00 3,900.00 1,000.00 4,900.00 4,900.00 1,300.00 1,300.00 1,300.00 1,400.00 200.00 1,600.00 1,600.00 1,600.00 1,600.00 1,600.00 1,000.00 1,000.00 1,000.00 1,500.00 1,500.00 1,500.00 230.00 230.00 230.00 Totals 43,100.00 43,100.00 5,600.00 5,600.00 44,600.00 44,600.00 7,230.00 4,900.00 37,370.00 39,700.00 505 Store Supplies Expense 506 Utilities Expense 1,500.00 1,500.00 1,500.00 230.00 230.00 230.00 Totals 43,100.00 43,100.00 5,600,00 5,600.00 44,600,00 44,600.00 7,230.00 4,900.00 37,370.00 39,700.00 (2,330.00), 4,900.00 (2,330.00) 37,370.00 Net Income Totals Adjustment Data : a.) Unexpired insurance is P 800. b.) Store supplies used is P 1,500. c.) Depreciation on copy equipment is 5% of cost. d.) Accrued Salaries is P 200. e.) 2/3 of the unearned copy services revenue is unearned. 4,900.00 37,370.00 Directions: | 1.) Prepare adjusting entries and write the entries below. 2.) Complete the worksheet. Adjusting Entries Debit Credit a.) Insurance Expenses (2400-800) Prepaid Insurance (To record insurance expenses) b.) Store Supplies Expenses Store Supplies (To record supplies expenses) c.) Depreciation (26000*5%) Аcc Dep (To record depreciation) d.) Salaries Expense Salaries Payable record salaries payable) e.) Unearned Copy Services Revenue (3000*1/3) Copy Services Revenue (To record revenue) 1,600.00 1,600.00 1,500.00 1,500.00 1,300.00 1,300.00 200.00 200.00 1,000.00 1,000.00 Clear Copy Co. Post-Closing Trial Balance December 31, 2019 Debit Credit Cash Store Supplies Prepaid Insurance Copy Equipment Accumulated Depreciation Accounts Payable Salaries Payable Unearned Copy Services Revenue Terry Dow, Capital Total REVERSING ENTRIES а.) b.) c.) d.) e.)