ACCOUNT TITLE	DEBIT	CREDIT
Cash	$38,264
Accounts Receivable	$12,618
Cleaning Supplies	$2,545
Prepaid Insurance	$2,220
Prepaid Rent	$3,300
Office Equipment	$8,000
Accum. Dep - Office Equip		$0
Computer Equipment	$20,000
Accum. Dep - Computer Equip		$0
Accounts Payable		$0
Wages Payable		$0
Unearned Services Revenue		$0
Common Stock		$44,850
Retained Earnings		$22,300
Services Revenue		$25,659
Depreciation Expense - Office Equip	$0
Depreciation Expense - Computer Equip	$0
Wages Expense	$2,625
Insurance Expense	$0
Rent Expense	$0
Advertising Expense	$1,728
Mileage Expense	$704
Repairs Expense - Computer	$805
TOTALS	$92,809	$92,809

Klean Kars had the following transactions and events in December 2011
2-Dec	Paid $1,025 cash to Hillside Mall for Klean Kars share of mall advertising costs
3-Dec	Paid $500 cash for minor repairs to company's computer
4-Dec	Received $3,950 cash from Jane Smith for a receivable recorded in November
10-Dec	Paid cash to Lyn Addie for 6 days of work at the rate of $125 per day. Ignore associated payroll taxes
14-Dec	Contacted by James Johnson, who indicated Klean Kars would be hired to perform $7,000 worth of cleaning services over the next 6 months.
14-Dec	J. Johnson paid a $1,500 cash advance to Klean Kars and the project is expected to begin on January 15, 2012
15-Dec	Purchased $1,100 of cleaning supplies on credit from Harris Office Products
16-Dec	Sent a reminder to Suzy Solomon to pay the fee for services recorded on November 8
20-Dec	Started and completed a cleaning project for Liu Corporation and received $5,625 cash
28-Dec	Received $3,000 cash from Suzy Solomon on her accounts receivable
31-Dec	Reimbursed an employee for business automobile mileage - 600 total miles at a rate of $.50 per mile

The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first 3 months of operations:

a.

The December 31 inventory count of cleaning supplies shows $580 still available

b.

On October 1, 2011, Klean Kars paid their annual insurance premium in the amount of $2,220, which provides coverage from 10-1-2011 through 9-30-2012

c.

As of December 31, Lyn Addie has not been paid for 4 days of work at $125 per day

d.

Record depreciation expense for the company's computer in the amount of $1200

e.

Record depreciation expense for the company's office equipment in the amount of $800

f.

On October 1, 2011, Klean Kars signed a 2 year lease agreement, which had the following terms:

** $825 per month

** First 4 months rent due at time of signing (October 1, 2011).

** Payments will be made monthly starting February 1, 2012.

Post adjusted trial balance.

This is what I have so far but I can't get it to balance...

			Klean Kars
			Adjusted Trial Balance
Account Title					Debit	Credit
Cash					49764
Accounts Receivable					11668
Cleaning Supplies					580
Prepaid Insurance					1665
Prepaid Rent					825
Office Equipment					8000
Accum. Dep - Office Equip						800
Computer Equipment					20000
Accum. Dep - Computer Equip						1200
Accounts Payable						1100
Wages Payable						550
Unearned Services Revenue						1500
Common Stock						44850
Retained Earnings						22300
Services Revenue						31284
Depreciation Expense - Office Equip					1200
Depreciation Expense - Computer Equip					800
Wages Expense					3875
Insurance Expense					555
Rent Expense					2475
Advertising Expense					2753
Mileage Expense					1004
Repairs Expense - Computer					1305
Cleaning Supplies Expense					3065
		TOTALS			109534	103584