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The trial balance columns of the worksheet for Gibson Roofing at March 31, 2012, are as follows.
1. A physical count reveals only $550 of roofing supplies on hand.
2. Depreciation for March is $250.
3. Unearned revenue amounted to $210 at March 31.
4. Accrued salaries are $700.
Instructions
(a) Enter the trial balance on a worksheet and complete the worksheet.
(b) Prepare an income statement and owner's equity statement for the month of March and a classified balance sheet at March 31. T. Gibson did not make any additional investments in the business in March.
(c) Journalize the adjusting
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