1

A Companys trial balance after one year appears below.

A Company

Trial Balance

June 30, 2021

Cash 9,750

Accounts Receivable 8,127

Office Supplies 1,146

Office Equipment 11,265

Accounts Payable 3,888

Unearned Services 15,000

Common Stock 12,000

Dividends 18,000

Earned Services 54,525

Rent Expense 5,400

Utilities Expense 2,151

Wages Expense 29,574

85,413 85,413

1. Open T accounts for the accounts in the trial balance plus extra necessary to do the adjusting entries.
2. Determine the adjusting entries and post them directly to the T accounts.

1. Services rendered during the month but not yet billed $ 2,175.
2. Services rendered that should be applied against unearned services, $ 9,450.
3. Wages earned by employees but not yet paid $ 360.
4. Estimated depreciation on office equipment, $ 1,800.

3. Prepare an Adjusted Trial Balance, an Income Statement, and a Statement of

Retained Earnings and a Balance Sheet