Question

Appendix: Completing an End-of-Period Spreadsheet Alert Security Services Co. offers security services to business clients. Complete the following end-of-period spreadsheet for Alert Security Services Co. If a box does not require an entry, leave it blank. Alert Security Services Co. End-of-Period Spreadsheet (Work Sheet) For the Year Ended October 31, 2019 Adjusted Trial Balance Income Statement Balance Sheet Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 250 Accounts Receivable 1,830 Supplies 83 Prepaid Insurance 62 Land 2,080 Equipment 832 Accum. Depr.-Equipment 166 Accounts Payable 749 Wages Payable 83 Brenda Schultz, Capital 3,620 Brenda Schultz, Drawing 166 Fees Earned 2,038 Wages Expense 499 Rent Expense 250 Insurance Expense 208 Utilities Expense 146 Supplies Expense 125 Depreciation Expense 83 Miscellaneous Expense 42 Totals 6,656 6,656 Net income (loss) Check My Work

Answer 1

	Adjusted Trial Balance		Income Statement		Balance Sheet
	Debit	Credit	Debit	Credit	Debit	Credit
Cash	250				250
Accounts Receivable	1830				1830
Supplies	83				83
Prepaid Insurance	62				62
Land	2080				2080
Equipment	832				832
Accum. Depr Equipment		166				166
Accounts Payable		749				749
Wages Payable		83				83
Brenda Schultz,Capital		3620				3620
Brenda Schultz,Drawing	166				166
Fees earned		2038		2038
Wages expense	499		499
Rent expense	250		250
Insurance expense	208		208
Utilities expense	146		146
Supplies expense	125		125
Depreciation expense	83		83
Miscellaneous expense	42		42
Totals	6656	6656	1353	2038	5303	4618
Net income (loss)			685			685
			2038	2038	5303	5303