Solved by verified expert :FUGAZY INVESTMENT ADVISERS, INC.
31/12/2012
Trial Balance
Adjustments
Adjusted Trial Balance
Income Statement
Balance Sheet
Account
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Debit
Credit
Cash
32,000
32,000
Accounts receivable
46,000
e
4,000
50,000
Supplies
3,000
b
2,000
1,000
Equipment
25,000
25,000
Accumlated depreciation
11,000
c
6,000
17,000
Accounts payable
15,000
15,000
Salary payable
d
1,000
1,000
Unearned service revenue
2,000
a
500
1,500
Note payable, long-term
39,000
39,000
Common stock
17,600
17,600
Retained earnings
20,400
20,400
Dividends
50,000
50,000
Service revenue
97,000
e,a
4,500
101,500
101,500
Salary expense
32,000
d
1,000
33,000
33,000
Supplies expense
b
2,000
2,000
2,000
Depreciation expense
c
6,000
6,000
6,000
Interest expense
3,000
3,000
3,000
9000
Rent expense
9,000
9,000
9,000
Insurance expense
2,000
2,000
2,000
46000
202,000
202,000
13,500
13,500
213,000
213,000
