The trial balance of Escobedo Company as of January X after the company completed the first month of operations, is shown in
the partial worksheet below.
Required:
Complete the worksheet by making the following adjustments: supplies on hand at the end of the month, $; expired insurance,
$; depreciation expense on equipment for the period, $
Analyze:
How does the insurance adjustment affect Prepaid Insurance?
Complete this question by entering your answers in the tabs below.
Complete the worksheet by making the following adjustments: supplies on hand at the end of the month, $; expired insurance, $; depreciation expense on equipment for the period, $