a Office Supplies Expenses 1,150

Office Supplies 1,150

b Depreciation Expense 600
Accumulated Depreciation-Equipment 600
c Unearned Revenue 3,400
Service Revenue 3,400
d Insurance Expense 1,250
Prepaid Insurance 1,250
e Salaries Expense 460
Salaries Payable 460
f Electricity bill expense 230
Electricity bill payable 230
1/ ADJUSTING ENTRIES

2/ ADJUSTED TRIAL BALANCE

Debit Credit
Cash 12,000
Accounts Receivable 16,500
Office Supplies 850
Prepaid Insurance 1,750
Equipment 40,000
Accumulated Depreciation - 600
Equipment
Accounts Payable 4,500
Unearned Revenue 1,800
Salaries Payable 460
Electricity Bill Payable 230
Nicole, Capital 64,900
Service Revenue 12,200
Salaries Expense 9,660
Rent Expense 700
Electricity Bill Expense 230
Insurance Expense 1, 250
Depreciation Expense 600
Office Supplies Expense 1,150

84,690                84,690
 3/ JOURNAL ENTRY TO RECORD PAYMENT FOR SALARIES IN JUNE
Date Account Tittles and Explanation Ref Debit Credit
Jun. 6 Salaries Payable 460
27 Salaries Expense 1,840
Cash 2,300