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The adjustment data as of September 30, 2016, the end of the fiscal year, for Diaz Company were as follows:
| a. | Merchandise Inventory taken on September 30 was $64,000. |
| b. | The depreciation on the Delivery Truck for the month amounted to $790. |
| c. | The depreciation on the Forklift for the month amounted to $850. |
| d. | A physical count shows that Office Supplies used totaled $1,500. |
| e. | Insurance on hand at the end of September was $1,530. |
| f. | Accrued salaries on September 30 amounted to $1,990. |
| g. | Unearned Sales Revenue earned at the end of September was $12,900. |
| h. | Accrued interest on notes receivable, $300. |
| i. | Accrued interest on notes payable, $150. |
| j. | Unexpired office rent amounted to $6,360. |
- Prepare the Adjusting Journal Entries in the General Journal.
- Complete all columns of the worksheet using the above adjusting entries. This includes adding additional accounts after “Totals” and calculating the Net Income or Net Loss.
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