Final answer:
To prepare a trial balance and worksheet adjustments, record initial balances, adjust for expired rent, remaining shop supplies, and depreciation on assets, and then calculate the merchandise and current account balances by summing relevant columns after adjustments.
Step-by-step explanation:
To prepare a trial balance and complete the worksheet with the given adjustment data, we start by recording all accounts with their unadjusted balances in the trial balance columns. Then we proceed with adjustments for expired rent, remaining shop supplies, and depreciation on equipment and vehicles. Adjustments typically involve an expense account and a related asset or liability account.
For example:
- For one month's rent expired, debit Rent Expense and credit Prepaid Rent or similar account.
- For shop supplies, if the unadjusted balance was higher than $250, debit Supplies Expense and credit Supplies for the difference.
- For depreciation, debit Depreciation Expense and credit Accumulated Depreciation for the equipment and vehicles respectively.
After recording these adjustments, we determine the adjusted balances for each account. Once adjustments have been accounted for, the merchandise balance is the ending balance of the Merchandise Inventory account, and the current account balance is calculated by summing up columns for Exports, Imports, and the Balance, with Balance representing the current account balance.
Note that the specific instructions to fill in Table 9.2, 23.2, or 10.2 are not provided, so the general approach to complete a worksheet with adjustments has been explained above.