BEGINNING BALANCE UNADJUSTED

Cash 450,000 3,084,205

Accounts Receivable 306,500 329,725
Allowance for doubtful accounts
Notes Receivable 58,700
Fuel and Oil Supplies 90,600
Prepaid Insurance 45,000
Land 1,500,380
Building 800,000
Accumulated depreciation – building 40,000
Office Equipment 250,400
Accumulated depreciation – office equipment 25,040
Transportation equipment 1,500,000 400,500
Accumulated depreciation – transportation
100,000
equipment
Accounts Payable 560,800
Notes Payable 1,670,800
Salaries payable 45,700
Utilities Payable 15,000
Unearned Service Revenue 0
Bonds Payable 1,200,000
Cobe, Capital 1,344,240
Cobe, Drawings 130,780
Service Revenue
Utilities expense 25,000
Salaries expense 73,800
Insurance expense 7,500
Fuel and oil expense 40,200
Doubtful accounts expense 31,811.25
Depreciation expense-building 40,000
Depreciation expense-office equipment 25,040
Depreciation expense-transportation equipment 26,700
5,001,580 5001580.00 4,215,261

Net Income 1,226,159

Depreciation 91,740
ADA 31,811.25
UNADJUSTED ADJUSTED
3,534,205
636,225
31,811.25 31,811.25
58,700
40,200 50,400
7,500 37,500
1,500,380
800,000
40,000 80000
250,400
25,040 50080
1,900,500
26,700 126700
560800
1670800
23,800 69500
15000
24,000 24000
1200000
2,500,000 3844240
130,780
1,496,210 1,496,210
25,000
73,800
7,500
40,200
31,811.25
40,000
25,040
26,700 270,051
4215261.25 9,169,141 9169141.25 1,226,159