The trial balances shown on page 208 are before and after adjustment for Amit Company at the end of its fiscal year.
|
AMIT COMPANY
Trial Balance
August 31, 2012
|
|
Before
Adjustment
|
After
Adjustment
|
|
Dr.
|
Cr.
|
Dr.
|
Cr.
|
|
Cash
|
$10900
|
|
$10900
|
|
|
Accounts Receivable
|
8800
|
|
9400
|
|
|
Supplies
|
2500
|
|
500
|
|
|
Prepaid Insurance
|
4000
|
|
2500
|
|
|
Equipment
|
16000
|
|
16000
|
|
|
Accumulated Depreciation-Equipment
|
|
$3600
|
|
$4800
|
|
Accounts Payable
|
|
5800
|
|
5800
|
|
Salaries and Wages Payable
|
|
0
|
|
1100
|
|
Unearned Rent Revenue
|
|
1800
|
|
800
|
|
Common Stock
|
|
10000
|
|
10000
|
|
Retained Earnings
|
|
5500
|
|
5500
|
|
Dividends
|
2800
|
|
2800
|
|
|
Service Revenue
|
|
34000
|
|
34600
|
|
Rent Revenue
|
|
12100
|
|
13100
|
|
Salaries and Wages Expense
|
17000
|
|
18100
|
|
|
Supplies Expense
|
0
|
|
2000
|
|
|
Rent Expense
|
10800
|
|
10800
|
|
|
Insurance Expense
|
0
|
|
1500
|
|
|
Depreciation Expense
|
0
|
|
1200
|
|
|
$72800
|
$72800
|
$75700
|
$75700
|
Instructions
Prepare the adjusting entries that were made.