Use the following information to complete the partial worksheet for BillsCompany. Record the appropriate adjusting entries using the data below andextend the balances over to the adjusted trial balance columns.Merchandise inventoryending $10Store supplies on hand 3Depreciation on store equipment 2Accrued salaries 1Bills CompanyPartial WorksheetFor the Year Ended December 31st 2012Account Titles Trial Balance Adjustments AdjustedTrial BalanceDebit Credit Debit Credit Debit CreditMerchandise Inv. 16Store Supplies 10Store Equipment 20Accum. Depr. StoreEquip. 6Salaries PayableIncome SummarySalary Expense 10Depreciation ExpenseStore Supplies Exp.
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