1. The Quincy Corporation had the following account balances on the trial balance on September 30 are listed below. Presented is a partial trial balance, therefore debits wont necessarily equal credits but all the info you need is there. Allowance for Doubtful Accounts $5,000 Accumulated Depreciation- Equip $1,000 Common stock $29,600 Prepaid rent $1,500 Dividends $1,700 Supplies expense $1,300 Rent expense $3,000 Accounts payable $5,500 Retained earnings $8,000 Accounts receivable $13,400 Salary expense $4,100 Fees revenue $20,000 Supplies $3,500 Equipment $34,600 Determine the companys September 30 total dollar amount for assets on the Sept 30 Balance Sheet.

2. The Cyril Corporation's year end, July 31 unadjusted trial balance included many accounts, including the following. Account Name Debits Credits Cash $12,000 Supplies 7,000 Accounts Payable $12,000 Unearned Fees 7,000 Wages Payable 0 Income Taxes Payable 1,700 Fees Revenue 97,000 Insurance Expense 1,400 Wages Expense 36,000 During the year, the Cyril Corporation had received $7,000 from a customer for services to be provided to the customer during June, July, and August. When received, the amount was recorded as a liability. In June, the Cyril Corporation provided services of $1,400 to the client and in July it provided services of $2,200 to the client. Given the unadjusted trial balance presented and the information above, determine the total dollar amount of fees revenue the Cyril Corporation should report on its annual July 31 income statement.