Ferdia Peelo Is Preparing a Worksheet

question 102

Essay

Ferdia Peelo is preparing a worksheet. Indicate to which column that Ferdia should extend the following adjusted trial balance accounts to the financial statement columns of the worksheet. $\begin{array}{ll}\text { Adjusted trial balance accounts: }&\text { Column to extend balance: }\\\hline\text { Cash } \\\text { Depreciation Expense } \\\text { Accounts Payable } \\\text { Owner's Drawings } \\\text { Supplies } \\\text { Rent Revenue } \end{array}$

---

Definitions:

Unrecognized Net Loss

A loss that has occurred but has not been reported in the financial statements because it has not yet been realized through a transaction.

Projected Benefit Obligation

A measurement of the present value of future pension benefits owed to employees, based on factors like salary history and years of service.

Plan Assets

Resources set aside by a company in a dedicated fund to meet future pension benefits or other long-term employee benefits.

Vested Benefits

Employee benefits, such as pension funds or stock options, that are fully granted and cannot be forfeited even if the employment is terminated.