3Baltic Supplies provides the worksheet shown below at the end of the year: A count of the physical inventory at year end shows that there is actually $11,000 of inventory left. In addition, there...

3Baltic Supplies provides the worksheet shown below at the end of the year:

A count of the physical inventory at year end shows that there is actually $11,000 of inventory left. In addition, there was $800 of accrued salary, and $200 of depreciation. Please post the adjustments to the worksheet and update the adjusted trial balance. Then complete the worksheet.

Trial Balance
Adjustments
Adjusted Trial Balance
Income Statement
Balance Sheet

Account title
Dr.
Cr.
Dr.
Cr.
Dr.
Cr.
Dr.
Cr.
Dr.
Cr.

Cash$1,700

Accounts receivable8,500

Supplies100

Inventory12,000

Equipment53,500

Accumulated depreciation$2,000

Accounts payable2,000

Salary payable0

Unearned revenue600

Common stock1,000

Retained earnings2,400

Dividends2,300

Sales revenue153,000

Sales returns and allowance900

Sales discounts100

Cost of goods sold54,000

Salary expense24,000

Rent expense2,300

Depreciation expense1,600

$161,000$161,000