home / study / business / accounting / questions and answers / jordon james started jjj consulting on january ... Question: Jordon James started JJJ Consulting on January 1. ... Save Jordon James started JJJ Consulting on January 1. The following are the account balances at the end of the first month of business, before adjusting entries were recorded: Accounts Payable $300 Accounts Receivable 750 Cash 6,300 Consulting Revenue 4,925 Equipment 7,000 Jordon James, Capital 15,000 Jordon James, Drawing 1,375 Prepaid Rent 4,000 Supplies 800 Adjustment data: Supplies on hand at the end of the month: $200 Unbilled consulting revenue: $700 Rent expense for the month: $1,000 Depreciation on equipment: $90 Required: (a) Prepare the required adjusting entries, adding accounts as needed. Refer to the Chart of Accounts for exact wording of account titles. (b) Prepare an adjusted trial balance for JJJ Consulting as of January 31. View comments (1) How do you do this?