The trial balances before and after adjustment for Frinzi Company at the end of its fiscal year are presented below.
|
FRINZI COMPANY Trial Balance August 31, 2014
|
|
|
Before
Adjustment
|
|
After
Adjustment
|
|
|
Dr.
|
|
Cr.
|
|
Dr.
|
|
Cr.
|
|
Cash
|
|
$10,172
|
|
|
|
$10,172
|
|
|
|
Accounts Receivable
|
|
8,660
|
|
|
|
9,844
|
|
|
|
Supplies
|
|
2,498
|
|
|
|
638
|
|
|
|
Prepaid Insurance
|
|
3,896
|
|
|
|
2,678
|
|
|
|
Equipment
|
|
13,959
|
|
|
|
13,959
|
|
|
|
Accumulated Depreciation-Equipment
|
|
|
|
$ 3,715
|
|
|
|
$ 4,420
|
|
Accounts Payable
|
|
|
|
5,765
|
|
|
|
5,765
|
|
Salaries and Wages Payable
|
|
|
|
0
|
|
|
|
1,212
|
|
Unearned Rent Revenue
|
|
|
|
1,538
|
|
|
|
684
|
|
Owner's Capital
|
|
|
|
15,182
|
|
|
|
15,182
|
|
Service Revenue
|
|
|
|
34,045
|
|
|
|
35,229
|
|
Rent Revenue
|
|
|
|
11,177
|
|
|
|
12,031
|
|
Salaries and Wages Expense
|
|
17,175
|
|
|
|
18,387
|
|
|
|
Supplies Expense
|
|
0
|
|
|
|
1,860
|
|
|
|
Rent Expense
|
|
15,062
|
|
|
|
15,062
|
|
|
|
Insurance Expense
|
|
0
|
|
|
|
1,218
|
|
|
|
Depreciation Expense
|
|
0
|
|
|
|
705
|
|
|
|
|
$71,422
|
|
$71,422
|
|
$74,523
|
|
$74,523
|
Prepare the adjusting entries that were made. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)