Reference no: EM131740803

Question: INDIGO CO. Worksheet (PARTIAL) For The Month Ended January 31, 2017 Trial Balance Adjustments Adjusted Trial Balance Accounts Title Debit Credit Debit Credit Debit Credit Supplies 3,253 1,480 1,773 Accumulated Depreciation-Equipment 6,391 254 6,645 Interest Payable 99 52 151 Supplies Expense 1,480 1,480 Depreciation Expense 254 254 Interest Expense 52 52 During February, no events occurred that affected these accounts. But at the end of February, the following information was available.

(a) Supplies on hand $724

(b) Monthly depreciation $254

(c) Accrued interest $52

Reproduce the data that would appear in the February worksheet. Indicate the amounts that would be shown in the February income statement.