Chapter 11, Problem 1PB

The trial balance of Jillson Company as of December 31, the end of its current fiscal year, is as follows:

Here are the data for the adjustments.

a–b. Merchandise Inventory at December 31, $54,845.00.

c. Store supplies inventory (on hand), $488.50.

d. Insurance expired, $680.

e. Salaries accrued, $692.

f. Depreciation of store equipment, $3,760.

Required

Complete the work sheet after entering the account names and balances onto the work sheet.