G.

Journal Trial Balance Adjustment Adj: Trial Balance

A/C Title Debit Credit Debit Credit Debit Credit
Cash 22750 22750
A/C Receivable 28300 11750 40050
Prepaid Rent 8100 2700 5400
Unearned Insurance 36900 4100 32800
Airplanes 855000 855000
Acc:Dep Airplanes 232750 4750 237500
Notes Payable 450000 450000
Unearned Passenger R 175250 94750 80500
Capital 171750 171750
Drawing 7750 7750
Freight Revenue 54250 106500 160750
Fuel Exp 47600 47600
Salary Expense 70900 1625 72525
Maintainence Exp 6700 6700
1084000 1084000

Rent Expense 2700 2700

Insurance Exp 4100 4100
Dep:Exp Airplane 4750 4750
Interest Expense 4500 4500
Interest Payable 4500 4500
Salary Payable 1625 1625
124175 124175 1106625 1106625
Total Operating Exp
Net Income