Using the following trial balance information for Bob’s Flowers for 2010

Using the following trial balance information for Bob’s Flowers for 2010, prepare an adjusted trial balance, adjusting and closing journal entries, and (in good form) an Income Statement, Statement of Retained Earnings and Balance Sheet. 

a. Expired insurance totals $8.

b. Of the unearned revenue, all has been earned by the balance sheet date.

c. Estimated depreciation of equipment is $6.

d. Accrued wages equal $4.

e. Unused supplies on hand are $4.

f. Estimated income taxes are $2.

Account Name                                                 Trial Balance

Cash                                                                30debit

Account Receivable                                         20debit

Prepaid Insurance                                            12debit

Supplies                                                           10debit

Equipment                                                       40debit

Accumulated Depreciation, Equipment-                      6credit

Account Payable                                              12credit

Unearned Revenue                                          8credit

Common Stock                                                            64credit

Dividends                                                        2debit

Service Revenue                                              48credit

Wages Expense                                                            24debit