AL ALAM CONSULTANCY SERVICES UNADJUSTED TRIAL BALANCE 31-Dec-2011 Accounts Title Debit Credit Rs. Rs. Cash 14,950 Fees receivable. 35,300 Prepaid rent. 1,200 Unexpired insurance policies 375 Office supplies 900 Office equipment 15,000 Accumulated depreciation office equipment 2,000 Accounts payable. 1,500 Note payable (due March 01, 2012) 6,000 Income taxes payable. 3,200 Unearned agency fees 8,000 Capital stock 30,000 Agency fees earned 46,500 Telephone expense. 480 Office supply expense.. 1,130 Depreciation expense: office equipment. 2,750 Rent expense.. 6,100 Insurance expense. 1,175 Salaries expense. 24,640 Income taxes expense 3,200 107,200 107,200 Other data: Off equipment is being depreciated over 60 months (5 years). 2. At December 31, 2011, Rs.2.500 of previously unearned agency fees had been earned. 3. Accrued but unrecorded and unpaid salary expense totals Rs.1,360 at December 31, 2011. 4. The agency pays rent quarterly (every three months). The most recent advance payment of Rs.1,800 was made November 1, 2011. The next payment of Rs.1,800 will be made on February 1, 2012. 5. Accrued but unrecorded and uncollected agency fees earned total Rs.3,000 at December 31, 2011. 6. Office supplies on hand at December 31, 2011, total Rs.530. 7. On September 1, 2011, the agency purchased a six-month insurance policy for Rs.750. 8. On December 1, 2011, the agency borrowed Rs.6,000 by signing a three-month, 9 percent note payable. The entire amount borrowed, plus interest, is due March 1, 2012. 9. Accrued income taxes payable for the entire year ending December 31, 2011, total Rs.3,900. The full amount is due early in 2012. Instructions: Prepare a worksheet for the year ended on December 31, 2011