financial accounting

T Howe Corporation adjusts its account monthly and closes its accounts annuali following is unadjusted trial balance of T Howe Corporation on 31 Dec Corporati ts acounts annually The Debit Credit 6,723 Cash Prepaid office expense Accounts receivable Supplies Equipment Accumulated depreciation-equipment Building Rent payable Accounts payable Income tax payable Shares capital Retained earnings 190 18,9101 38,000 45,000 23,500 100,000 280 10,804 1,500 100,000 33,256 Dividends Revenue earned 4,000 -90,000 Salaries expense Rental expense Ofice expense Supplies expense Depreciation expense ncome tax expense 18,310 4,515 2,832 11,860 7,5001 1,500 259,340 259,340 djusting items: 1 2. Supplies on hand on 31 December 2015 amounted to S36,000. The company received $3,000 cash in advance for provision of service in February 2016. No entries have been made. All equipment was purchased when the Company formed. useful life is 5 years. No adjusting entries have been made for November and December, 2015 The auditor estimated that the income tax expense for the entire year was 3. The estimated $1,896, which to be paid next year