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Hannah Company has the following trial balance and adjustments. Hannah Company Trial Balance June 20, 2007 Trial Balance Adjusted Trial Balance Account Title Debit Credit

Hannah Company has the following trial balance and adjustments.

Hannah Company

Trial Balance

June 20, 2007

Trial Balance

Adjusted

Trial Balance

Account Title

Debit

Credit

Debit

Credit

Cash

6,200

Accounts receivable

6,000

Interest receivable

Note receivable

4,100

Supplies

1,000

Prepaid rent

2,400

Equipment

66,400

Accumulated depreciation

16,000

Accounts payable

6,900

Wages payable

Paul Olen, capital

59,500

Paul Olen, withdrawals

3,600

Sales revenue

9,500

Interest revenue

Wage expense

1,600

Rent expense

Depreciation expense

Insurance expense

400

Supplies expense

Utilities expense

200

91,900

91,900

Adjustments:

1. Hannah sold products to a customer on account for $700.

2. $800 of prepaid rent has been used up.3. Straight line depreciation of $1,200 needs to be recorded.

3. Employees earn $100 per day and the year end is Wednesday. Hannah has 1 employee and pays payroll on Friday.

4. $700 of supplies has been used during the period.

5. Hannah earned $300 in interest that it has NOT received yet.

Required:

Prepare the adjusted trial balance.

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