Account Name	DR	CR
Cash	50,000
Bank	60,000
Account receivable	40,000
Account payable		90,000
insurance	70,000
supplies	55,000
Services revenues		60,000
capital		135,000
Land	60,000
car	30,000
consultation revenues		80,000
Total	365,000	365,000

1- An inventory count at the close of business on October 31 reveals that 15,000 of supplies are still on hand.

2- 500 of insurance expires each month.

Required:

A- Prepare the adjusted entries.

B- Prepare the adjusted trail balance.