\begin{tabular}{|c|c|c|c|c|} \hline & A & B & C & D \\ \hline 1 & balances 1-1-2020 & Amount (\$) & & \\ \hline 2 & cash & 29000 & & \\ \hline 3 & account receivable & 11000 & & \\ \hline 4 & supplies & 4000 & & \\ \hline 5 & equipment (purchased 1-1-2019) & 22000 & & \\ \hline 6 & accumelated depreciation & 2000 & & \\ \hline 7 & unearned service revenues & 6000 & & \\ \hline 8 & note payable ( 12% issued 31122019 for 3 years) & 19000 & & \\ \hline 9 & shared capital balance & 34000 & & \\ \hline 10 & retained earning & 5000 & & \\ \hline 11 & transactions during 2020 & & & \\ \hline 12 & supplies purchased for cash & 1500 & & \\ \hline 13 & services performed ( 1/3 of it on account) & 46800 & & \\ \hline 14 & salaries expense for cash & 6100 & & \\ \hline 15 & rent expenses for cash & 4000 & & \\ \hline 16 & utilities expense for cash & 1500 & & \\ \hline 17 & additional investment by owners for cash & 9100 & & \\ \hline 18 & dividends paid for cash & 3000 & & \\ \hline 19 & information relate to adjusting entries(31-12-2020) & & & \\ \hline 20 & accrued salaries unpaid & 1900 & & \\ \hline 21 & supplies on hand 31122020 & 2100 & & \\ \hline 22 & 2/3 of unearned service revenues become earned & & & \\ \hline 23 & do not forget adjusting entries for depreciation \& interest & & & \\ \hline 24 & answer the following questions relate to 31122020 : & \multicolumn{2}{|c|}{ answers } & \\ \hline 25 & your student id( ) & & & \\ \hline 26 & what is the total debit on the trial balance & & & \\ \hline 27 & what is the total credit on adjusted trial balance & & & \\ \hline 28 & what is the total debit on after closing trial balance & & & \\ \hline 29 & what is the total expenses that will appear in 2020 income statement & & & \\ \hline 30 & what is the total revenues that will appear in 2020 income statement & & & \\ \hline 31 & what is the net income for 2020 & & & \\ \hline 32 & what is the book value of equipment & & & \\ \hline 33 & what is the total assets & & & \\ \hline 34 & what is the total liabilities & & & \\ \hline 35 & what is the ending retained earnings & & & \\ \hline 36 & what is the supplies unused & & & \\ \hline 37 & what is the supplies used during 2020 & & & \\ \hline 38 & what is the changes in equity during 2020 & & & \\ \hline 39 & what is the balance of income summary on 31/12/2020 before it is closed & & & \\ \hline 40 & what is the beginning retained earnings & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline & A & B & C & D \\ \hline 1 & balances 1-1-2020 & Amount (\$) & & \\ \hline 2 & cash & 29000 & & \\ \hline 3 & account receivable & 11000 & & \\ \hline 4 & supplies & 4000 & & \\ \hline 5 & equipment (purchased 1-1-2019) & 22000 & & \\ \hline 6 & accumelated depreciation & 2000 & & \\ \hline 7 & unearned service revenues & 6000 & & \\ \hline 8 & note payable ( 12% issued 31122019 for 3 years) & 19000 & & \\ \hline 9 & shared capital balance & 34000 & & \\ \hline 10 & retained earning & 5000 & & \\ \hline 11 & transactions during 2020 & & & \\ \hline 12 & supplies purchased for cash & 1500 & & \\ \hline 13 & services performed ( 1/3 of it on account) & 46800 & & \\ \hline 14 & salaries expense for cash & 6100 & & \\ \hline 15 & rent expenses for cash & 4000 & & \\ \hline 16 & utilities expense for cash & 1500 & & \\ \hline 17 & additional investment by owners for cash & 9100 & & \\ \hline 18 & dividends paid for cash & 3000 & & \\ \hline 19 & information relate to adjusting entries(31-12-2020) & & & \\ \hline 20 & accrued salaries unpaid & 1900 & & \\ \hline 21 & supplies on hand 31122020 & 2100 & & \\ \hline 22 & 2/3 of unearned service revenues become earned & & & \\ \hline 23 & do not forget adjusting entries for depreciation \& interest & & & \\ \hline 24 & answer the following questions relate to 31122020 : & \multicolumn{2}{|c|}{ answers } & \\ \hline 25 & your student id( ) & & & \\ \hline 26 & what is the total debit on the trial balance & & & \\ \hline 27 & what is the total credit on adjusted trial balance & & & \\ \hline 28 & what is the total debit on after closing trial balance & & & \\ \hline 29 & what is the total expenses that will appear in 2020 income statement & & & \\ \hline 30 & what is the total revenues that will appear in 2020 income statement & & & \\ \hline 31 & what is the net income for 2020 & & & \\ \hline 32 & what is the book value of equipment & & & \\ \hline 33 & what is the total assets & & & \\ \hline 34 & what is the total liabilities & & & \\ \hline 35 & what is the ending retained earnings & & & \\ \hline 36 & what is the supplies unused & & & \\ \hline 37 & what is the supplies used during 2020 & & & \\ \hline 38 & what is the changes in equity during 2020 & & & \\ \hline 39 & what is the balance of income summary on 31/12/2020 before it is closed & & & \\ \hline 40 & what is the beginning retained earnings & & & \\ \hline \end{tabular}