Account Number Name Unadjusted Trial Balance Adjusting Entries Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit 1110 Cash 40,897.00 40,897.00 32,457.00 1120 Accounts Receivable 1,100.00 5,000.00 6,100.00 2,660.00 1130 Prepaid Insurance 5,976.00 249.00 5,727.00 5,727.00 1140 Prepaid Rent 1150 Office Supplies 8,800.00 555.00 2,200.00 330.00 6,600.00 6,600.00 1211 Office Equip. 2,660.00 225.00 2,660.00 225.00 25.00 1212 Accum. Depr.-Office Equip. 25.00 25.00 1311 Computer Equip. 208,250.00 208,250.00 208,250.00 1312 Accum. Depr.-Computer Equip. 3,050.00 3,050.00 3,050.00 1411 Building Cost 19,000.00 19,000.00 19,000.00 1412 Accum. Depr.-Building 245.00 245.00 245.00 1510 Land 100,000.00 100,000.00 119,000.00 2101 Accounts Payable 1,370.00 1,370.00 1,370.00 2102 Advanced Payments 2103 Interest Payable 2105 Salaries Payable 1,517.34 531.00 1,517.34 1,517.34 531.00 531.00 2106 Income Taxes Payable 2201 Mortgage Payable 107,100.00 107,100.00 107,100.00 2202 Notes Payable 103,500.00 103,500.00 103,500.00 3100 Capital Stock 164,000.00 164,000.00 164,000.00 3200 Retained Earnings 3300 Dividends 1,312.00 1,312.00 1,312.00 4100 Computer & Consulting Revenue 16,805.00 5,000.00 21,805.00 21,805.00 5010 Rent Expense 2,200.00 2,200.00 2,200.00 5020 Salary Expense 1,770.00 531.00 2,301.00 2,301.00 5030 Advertising Expense 375.00 375.00 375.00 5040 Repairs & Maint. Expense 1,265.00 1,265.00 5050 Oil & Gas Expense 815.00 815.00 1,265.00 815.00 5080 Supplies Expense 5090 Interest Expense 5100 Insurance Expense 5110 Depreciation Expense 5120 Income Tax Expense 330.00 1,517.34 330.00 330.00 1,517.34 1,517.34 249.00 3,320.00 249.00 3,320.00 249.00 3,320.00 TOTAL 392,775.00 392,775.00 13,147.34 13,147.34 403,143.34 403,143.34 NET INCOME 12,372.34 21,805.00 395,231.00 393,968.34