I can not get my balances to check out, can you please tell me what i am doing wrong. Trial balance- $63,510 Adjustmnets- $4,998 Adjusted trial balance- $64,955. Attached is the journal entry and worksheet
FEBRUARY 640.00 2/1/2020 INVENTORY CASH 103) $ 101 $ 640.00 5,400.00 1 CASH UNEARNED FEES 101 $ 203 $ 5,400.00 4 SALARIES PAYABLE SALARIES EXPENSE CASH 2020 $ 501 $ 101 900.00 310.00 S 1,210.00 60.00 4 CASH ACCOUNTS RECEIVABLE 101 $ 102 $ 60.00 6 ADVERTISING EXPENSE CASH 507) $ 101 110.00 --- S 110.00 405.00 8 UTILITIES PAYABLE CASH 204 $ 101 $ 405.00 630.00 $ 630.00 8 CASH SALES COST OF MERCHANDISE SOLD INVENTORY (LEFT IS 38 BOTTLES / $8) 101) $ 403 5000 $ 103 336.00 $ 336.00 10 INVENTORY (40 BOTTLES/ $8.5) CASH 340.00 103 $ 101 $ 340.00 350.00 14 SUPPLIES ACCOUNTS PAYABLE 104 $ 201 $ 350.00 7,200.00 15 CASH FEES EARNED 101 $ 401 $ 7,200.00 750.00 $ 750.00 16 CASH SALES COST OF MERCHANDISE SOLD INVENTORY (LEFT IS 28 BOTTLES/ $8.5) 101 $ 403 500 $ 103 406.00 $ 406.00 1,510.00 18 SALARIES EXPENSE CASH 501 $ 101 $ 1,510.00 360.00 25 INVENTORY (40 BOTTLES/$9) ACCOUNTS PAYABLE 103) $ 201 $ 360.00 480.00 $ 480.00 26 CASH SALES COST OF MERCHANDISE SOLD INVENTORY (LEFT IS 38 BOTTLES/ $9) 101 $ 403 5000 $ 103 256.00 $ 256.00 7,890.00 27 CASH FEES EARNED 101 $ 401 $ 7,890.00 3,000.00 28 SALARIES EXPENSE CASH 501 $ 101 $ 3,000.00 303 $ 600.00 28 DIVIDENDS CASH $ 600.00 FEB. ADJUSTING JOURNAL ENTRIES 20.00 29 DEPRECIATION EXPENSE ACCUMULATED DEPRECIATION-BARBER CHAIR #1 504 $ 111 $ 20.00 20.00 29 DEPRECIATION EXPENSE ACCUMULATED DEPRECIATION-BARBER CHAIR #2 504 $ 113 $ 20.00 880.00 29 SALARIES EXPENSE SALARIES PAYABLE 501 $ 202 $ 880.00 260.00 29 SUPPLIES EXPENSE SUPPLIES 5030 $ 104 $ 260.00 525.00 29 UTILITIES EXPENSE UTILITIES PAYABLE 506 $ 204 $ 525.00 18.00 29 COST OF MERCHANDISE SOLD INVENTORY 5000 $ 103 $ 18.00 275.00 29 INSURANCE EXPENSE PREPAID INSURANCE 5050 $ 106 $ 275.00 2,100.00 29 RENT EXPENSE PREPAID RENT 5020 $ 105 $ 2,100.00 Trial Balance Adjustments Income Statement 4 5 Balance Sheet Adjusted Trial Balance Dr Cr Account Dr Cr Dr Cr Dr Cr Dr Cr 6 Cash 40.134 40.134 40.134 7 Accounts receivable 8 Inventory 342 18 324 324 9 Supplies 460 200 200 260 2.100 6,300 4.200 10 Prepaid Rent 11 Prepaid Insurance 4,200 2.750 3,025 275 2.750 12 Furniture 3.000 3.000 3.000 20 20 40 40 2,400 2.400 2.400 20 20 40 40 1.120 1,120 1.120 13 Accumulated Depreciation - Furniture 14 Barber Chair #1 15 Accumulated Depreciation-Barber Chair 1 16 Barber Chair #2 17 Accumulated Depreciation-Barber Chair 2 18 Accounts Payable 19 Salaries Payable 20 Unearned Fees 21 Utilites Payable 22 Capital Stock 23 Retained Earnings 24 Dividends 880 880 880 5.400 5.400 525 525 525 40.000 40.000 40.000 1.321 1.321 600 600 600 25 Income Summary 15.090 15.090 15.090 26 Fees Earned 27 Gain (or Loss) on Sale 28 Sales 1,860 1,860 29 Cost of Merchandise Sold 998 18 1.016 1.016 4.820 880 5.700 5.700 2.100 2.100 2.100 30 Salaries Expense 31 Rent Expense 32 Supplies Expense 83 Depreciation Expense 34 Insurance Expense 260 260 260 40 40 40 275 275 275 525 525 525 110 110 110 35 Utilities Expense 36 Advertising Expense 37 Leagal Expense 38 Miscellaneous Expense 63,510 63,510 4,098 4,098 60.455 58.655 10.026 14.190 48,208 42.605 39 20 0 41 12
