A highly simplified alphabetical list of trial balance accounts and their normal balances for the month ended March 31, 2014, follows.
| Accounts Payable |
8 |
| Accounts Receivable |
14 |
| Accumulated Depreciation - Office Equipment |
2 |
| Cash |
8 |
| Common Stock |
5 |
| Dividends |
12 |
| Office Equipment |
16 |
| Prepaid Insurance |
4 |
| Retained Earnings |
19 |
| Service Revenue |
46 |
| Supplies |
8 |
| Unearned Revenues |
6 |
| Utilities Expense |
4 |
| Wages Expense |
20 |
1. Prepare a work sheet, entering the trial balance accounts in the order in which they would normally appear and entering the balances in the correct debit or credit column.
2. Complete the work sheet using the following information: expired insurance, $2; estimated depreciation on office equipment, $2; accrued wages, $2; and unused supplies on hand, $2. In addition, $4 of the unearned revenues balance had been earned by the end of the month.