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Accounts receivales 1500

Client Fee Revenues 1500

Unearned Retainer Fee 2500


Client Fee Revenues 2500

Office Supplies Expense 95


Office Supplies 95

Depreciation Expense 750


Accumulated Depreciation 750

Rent Expense 300


Prepaid Rent 300

Insurance Expense 90
Prepaid Insurance 90

Salaries Expense 1900


Salaries payable 1900

Interest Expense 60
Interest payable 60

Income Tax expense 600


Income tax payable 600
720
60
Unadjusted Trial Balance Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement
Dr $ Cr $ Dr $ Cr $ Dr $ Cr $ Dr Exp
Cash 40,585 40,585
Accounts Receivalbe 2,000 1,500 3,500
Office Supplie3s 205 95 110
Prepaid Rent 1,200 300 900
Unexpired Insurance 270 90 180
Office Equipment 54,000 54,000
Accumulated Depreciation 35,250 750 36,000
Accounts payable 1,400 1,400
interest payable 360 60 420
income tax payable 1,750 600 2,350
note payable 9,000 9,000
Unearned Retainer Fees 3,500 2,500 1,000
Capital stock 30,000 30,000
Retained Earning 8,000 8,000
Dividends 1,000 1,000
Client Fee earned 60,000 4,000 64,000
Office Supplies Expense 605 95 700 700
Depreciation expense 8,250 750 9,000 9,000
Rent expense 5,775 300 6,075 6,075
Insurance expens 1,010 90 1,100 1,100
Salaries Expense 27,100 1,900 29,000 29,000
interest expense 360 60 420 420
income tax expense 6,900 600 7,500 7,500
Salaries payable 1,900 1,900
Profit 10,205
Total 149,260 149,260 7,795 7,795 154,070 154,070 64,000
me Statement Balance Sheet
Cr Rev Dr A Cr L+O,E
40,585
3,500
110
900
180
54,000
36,000
1,400
420
2,350
9,000
1,000
30,000
8,000
1,000
64,000

1,900
10,205
64,000 100,275 100,275