Fix wording in RED in A and B

A)

B)

January 31, 2018 Debit Credit Supplies $ 660 Prepaid Insurance 1,560 Salaries Payable $ 1,200 Unearned Revenue 800 Dividends Declared 1,420 Service Revenue 2,030 Supplies Expense 950 Insurance Expense 520 Salaries Expense 1,760 Income Tax Expense 370 Jan 31 Service Revenue 2030 Income Summary 2030 Jan. Income Summary 31 3600 Supplies Expense 950 Insurance Expense 520 Salaries Expense 1760 Income Tax Expense 370 Jan. 31 Retained Earnings 1570 Income Summary 1570 Jan, 31 Retained Earnings 1420 Dividends Declared 1420 Assets Accounts receivable + Supplies 109000+ 41000 - -56000 25000 + + + + + + + + + 4500 Liabilities Equity + Retained earnings Accounts Bonds Common Equipment payable Payable + stock + Revenue Expenses - Dividends + + 109000+ + 41000+ 56000 25000 4500 6000 9000 26000 10000 400 56000 4500 41000 + 109000 34000 32400 10000 Cash 1 2 3 4 5 6 7 8 9 10 Total . Lield -6000 . 9000+ = . . = + + + + -26000 -10000 -400 76600 + 9000 4500 Sr Debit Credit No Account Titles and Explanation 1 Cash 109000 Common Shares 2 Cash 41000 Bank Loan Payable 3 Equipment 56000 Cash 4 Cash 25000 Service Revenue 5 Supplies 4500 Accounts Payable B. ann 25000 4 Cash Service Revenue 5 Supplies 4500 Accounts Payable 6 Rent Expense 6000 Cash 7 Accounts Receivable 9000 Service Revenue 8 Salaries Expense 26000 Cash 9 Dividends Declared 10000 Cash 10 Income Tax Payable 400 Cash January 31, 2018 Debit Credit Supplies $ 660 Prepaid Insurance 1,560 Salaries Payable $ 1,200 Unearned Revenue 800 Dividends Declared 1,420 Service Revenue 2,030 Supplies Expense 950 Insurance Expense 520 Salaries Expense 1,760 Income Tax Expense 370 Jan 31 Service Revenue 2030 Income Summary 2030 Jan. Income Summary 31 3600 Supplies Expense 950 Insurance Expense 520 Salaries Expense 1760 Income Tax Expense 370 Jan. 31 Retained Earnings 1570 Income Summary 1570 Jan, 31 Retained Earnings 1420 Dividends Declared 1420 Assets Accounts receivable + Supplies 109000+ 41000 - -56000 25000 + + + + + + + + + 4500 Liabilities Equity + Retained earnings Accounts Bonds Common Equipment payable Payable + stock + Revenue Expenses - Dividends + + 109000+ + 41000+ 56000 25000 4500 6000 9000 26000 10000 400 56000 4500 41000 + 109000 34000 32400 10000 Cash 1 2 3 4 5 6 7 8 9 10 Total . Lield -6000 . 9000+ = . . = + + + + -26000 -10000 -400 76600 + 9000 4500 Sr Debit Credit No Account Titles and Explanation 1 Cash 109000 Common Shares 2 Cash 41000 Bank Loan Payable 3 Equipment 56000 Cash 4 Cash 25000 Service Revenue 5 Supplies 4500 Accounts Payable B. ann 25000 4 Cash Service Revenue 5 Supplies 4500 Accounts Payable 6 Rent Expense 6000 Cash 7 Accounts Receivable 9000 Service Revenue 8 Salaries Expense 26000 Cash 9 Dividends Declared 10000 Cash 10 Income Tax Payable 400 Cash