MATTHEWS COMPANY Trial Balance August 31, 2012 |
|
|
Before Adjustment |
|
After Adjustment |
|
|
Dr. |
|
Cr. |
|
Dr. |
|
Cr. |
Cash |
|
$10,116 |
|
|
|
$10,116 |
|
|
Accounts Receivable |
|
8,732 |
|
|
|
9,844 |
|
|
Supplies |
|
2,408 |
|
|
|
643 |
|
|
Prepaid Insurance |
|
3,934 |
|
|
|
2,611 |
|
|
Equipment |
|
14,148 |
|
|
|
14,148 |
|
|
Accumulated Depreciation-Equipment |
|
|
|
$3,605 |
|
|
|
$4,483 |
Accounts Payable |
|
|
|
5,747 |
|
|
|
5,747 |
Salaries and Wages Payable |
|
|
|
0 |
|
|
|
1,016 |
Unearned Rent Revenue |
|
|
|
1,342 |
|
|
|
605 |
Owner's Capital |
|
|
|
15,108 |
|
|
|
15,108 |
Service Revenue |
|
|
|
34,180 |
|
|
|
35,292 |
Rent Revenue |
|
|
|
11,157 |
|
|
|
11,894 |
Salaries and Wages Expense |
|
16,916 |
|
|
|
17,932 |
|
|
Supplies Expense |
|
0 |
|
|
|
1,765 |
|
|
Rent Expense |
|
14,885 |
|
|
|
14,885 |
|
|
Insurance Expense |
|
0 |
|
|
|
1,323 |
|
|
Depreciation Expense |
|
0 |
|
|
|
878 |
|
|
|
|
$71,139 |
|
$71,139 |
|
$74,145 |
|
$74,145 |
Prepare the adjusting entries that were made.(Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Date |
Account Titles and Explanation |
Debit |
Credit |
Aug. 31 |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
(To record accrued revenue) |
|
|
Aug. 31 |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
(To record supplies used) |
|
|
Aug. 31 |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
(To record expired insurance) |
|
|
Aug. 31 |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
(To record depreciation) |
|
|
Aug. 31 |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
(To record accrued salaries) |
|
|
Aug. 31 |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
![](https://edugen.wiley.com/edugen/art2/common/pixel.gif) |
|
(To record rent earned) |