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Adjustment 1. Salary paid only for 10 months. 2. A physical examination of supplies revealed that supplies worth OMR2,000 are currently available for future use.

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Adjustment 1. Salary paid only for 10 months. 2. A physical examination of supplies revealed that supplies worth OMR2,000 are currently available for future use. 3. Insurance premium is paid from 1" July 2020 4. Interest due on loan OMR2,000 5. As of December 31, 2020, AMT Engineering had earned OMR20,000 of the OMR40,000 received in Event 9. 6. The advance rent is paid for one year starting from 1" July, 2020. Prepare Trial Balance using the account balance provided here. Account Amount ($) Balances Cash $ 24,300 Account $ 12,000 Receiable Prepaid Rent $ 2,000 Land $ 49,000 Account Payable $ 2,000 Common Stock $ 24,000 Retained $ 13,000 Earnings Sales Revenue $ 72,000 Rent expense $ 16,200 Repairs expense $ 1,500 Utiltiies expense $ 6,000

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