income summary general journal

TYBALT CONSTRUCTION

Adjusted Trial Balance

December $31$

Number Account Title Debit Credit

$101$ Cash $ $5,500$

$126$ Supplies $31,700$

$128$ Prepaid insurance $8,000$

$167$ Equipment $55,000$

$168$ Accumulated depreciation$$Equipment $ $27,500$

$173$ Building $174,000$

$174$ Accumulated depreciation$$Building $58,000$

$183$ Land $51,690$

$201$ Accounts payable $15,000$

$203$ Interest payable $2,600$

$208$ Rent payable $3,300$

$210$ Wages payable $3,000$

$213$ Property taxes payable $700$

$236$ Unearned revenue $17,000$

$251$ Long$-$term notes payable $59,500$

$301$ O$.$ Tybalt, Capital $130,400$

$302$ O$.$ Tybalt, Withdrawals $12,300$

$404$ Services revenue $102,000$

$406$ Rent revenue $16,000$

$409$ Interest revenue $4,900$

$606$ Depreciation expense$$Building $12,760$

$612$ Depreciation expense$$Equipment $8,250$

$623$ Wages expense $45,300$

$633$ Interest expense $4,700$

$637$ Insurance expense $7,400$

$640$ Rent expense $12,800$

$652$ Supplies expense $6,000$

$683$ Property taxes expense $4,500$

Totals $ $439,900$ $ $439,900$

Oro Tybalt invested $$5,500$ cash in the business during the year. The O$.$ Tybalt, Capital account balance was $$124,900$ on December $31$ of the prior year.