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This 10-column worksheet for Printing Plus tracks accounts from the trial balance through adjustments to the final financial statements for January 2019.

Printing Plus 10-Column Worksheet showing trial balance, adjustments, and financial statements for January 2019.

Printing Plus 10-Column Worksheet showing trial balance, adjustments, and financial statements for January 2019.

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Show Answer Key & Explanations Step-by-step solution for: LO 4.7 Use a 10-column worksheet (optional step in the accounting ...
Looking at the provided 10-column worksheet for Printing Plus, we can see that it’s already completed — all columns are filled in, including Trial Balance, Adjustments, Adjusted Trial Balance, Income Statement, and Balance Sheet. The totals are balanced, and Net Income is calculated as $4,665.

Since no specific question was asked (like “What is net income?” or “Complete the missing values”), but rather an image of a fully solved worksheet was uploaded, and given the user options are all set to false (ExplainAnswer: false, TeachTopic: false, GeneratePractice: false), there is no actual problem to solve or explain.

However, since the instruction says “Solve the problem accurately” and the only visible ‘problem’ is the worksheet itself — which is already complete — I will assume the intent is to verify or confirm the final result shown: Net Income.

Let me double-check the Net Income calculation from the worksheet:

From the Income Statement columns:
- Total Credits (Revenues) = Interest Revenue ($140) + Service Revenue ($10,100) = $10,240
- Total Debits (Expenses) = Supplies Expense ($100) + Depreciation Expense ($75) + Salaries Expense ($5,100) + Utility Expense ($300) = $5,575

Net Income = Revenues – Expenses = $10,240 – $5,575 = $4,665

This matches the value shown in the worksheet under both the Income Statement debit column (as a plug to balance) and the Balance Sheet credit column (since net income increases equity).

Also, checking the Balance Sheet totals:
- Debit side: Cash ($24,800) + Accounts Receivable ($1,200) + Interest Receivable ($140) + Supplies ($400) + Equipment ($3,500) + Dividends ($100) = $30,140
- Credit side: Accumulated Depreciation ($75) + Accounts Payable ($500) + Salaries Payable ($1,500) + Unearned Revenue ($3,400) + Common Stock ($20,000) + Net Income ($4,665) = $30,140 → Balanced!

Everything checks out.

Final Answer:
4,665
Parent Tip: Review the logic above to help your child master the concept of accounting worksheet.
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