Date Accounts Debit Credit Dec. 31 Service Revenue 25,700 Retained Earnings 25,700 Date Accounts Debit Credit Dec. 31 Retained Earnings 6,785 Salaries Expense 3,800 Depreciation Expense Furniture 200 Insurance Expense 425 Utilities Expense 240 Rent Expense 2,000 Supplies Expense 120 Supplies Expense 120 Date Accounts Debit Credit Dec. 31 Retained Earnings 2,000 Dividends 2,000 Service Revenue Account No. 410 Date Explanation Ref. Debit Credit Balance Beg Balance 0 Dec. 12 Performed services for cash 2,300 Dec, 15 J1 3,000 Performed services on account Performed services for cash Dec. 20 J1 17,700 Dec. 28 Performed services on account J1 700 Dec 31 Adjusting Entry J1 100 Dec. 31 Adjusting Entry J1 1,900 Dec, 31 J1 Depreciation Expense - Furniture Date Account No. 510 Explanation Ref Debit Credit Balance Beg Balance 0 Dec. 31 Adjusting Entry 1 200 11 Insurance Expense Date Explanation Ref. Account No. 520 Balance Debit Credit Beg Balance 0 Dec 31 Adjusting Entry 31 425 11 Rent Expense Account No. 540 Date Explanation Ref. Debit Credit Balance Beg, Balance Dec. 28 Paid December Rent 11 2,000 Dec. 31 Salaries Expense Account No. 545 Date Explanation Ref. Debit Credit Balance Beg, Balance 0 Dec. 18 Paid Salaries 11 1,400 Dec. 31 Adjusting Entry JI 2,400 Dec 31 11 Supplies Expense Account No. 550 Date Explanation Ref. Debit Credit Balance 0 Beg Balance Dec. 31 Adjusting Entry J1 120 Dec 31 11 Utilities Expense Account No. 555 Ref. Explanation Debit Credit Balance Date 0 Beg. Balance J1 240 Dec. 27 Paid utility bill on account J1 Dec. 31