Jacqueline woo opened her executive search service on July 1 20x4. Some customer paid for her services after they are rendered, and others paid in advance for one year of service . After six months of operation woo wanted to know how her business stood. The trial balance on dec 31 appears at the top of the next page .

1 enter the trial balance Amounts I the trial balance columns of a work sheet. Using fooling information to complete the worksheets.

A. One years rent had been paid in advance when woo began business.

B. Inventory of unused office supplies $75

C. One half years depreciation on office equipment $900

D. Service rendered that had been paid for in advance $863

E. Executive search services rendered during the month but not yet billed, $270

F. Wages earned by employees but not yet paid,$188

Prepare income statement, owner equity and balance sheet.

Prepare adjusting entries, closing entries.

Jacqueline Woo Executive Search Service Trial Balance December 31, 20x4 Cash Accounts Receivable Prepaid Rent Office Supplies Office Equipment Accounts Payable Unearned Revenues Jacqueline Woo, Capital Jacqueline Woo, Withdrawals Search Revenue Utilities Expense Wages Expense 713 1,000 1,800 413 15,750 2 3,173 1,823 10,000 5,200 20,140 1,260 9,000 $35,136 $35,136 a open