J&M Accounting Services and Office Supplies, LLC Trial Balance September 1, 2022 Title Debit Cred Cash 9,200 Accounts Receivable 2,400 Merchandise Inventory 2.100 Supplies Equipment Accumulated Depreciation Accounts Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Totals 23,000 1,500 3.300 3,500 1.000 20,000 0.095 $37,540 $37,560 13,000 units at 50.70) This is a simulated problem showing some summary transactions that occured during the month of September Sept 1 Paid September's rent$350 2 Purchased merchandise on account from dd's Discount Supply terms 210, 30 (4.000 units 50.75) 5 Sold 4,400 units of inventory for Cash at $0.96 each (3,000 @ $0.70 and 1,400 @50.75) 7 Gave a September 5 customer $192 for 200 units returned costing $150 (Units were returned to inventory.) 8 Received $2,000 cash from customers in payment of account. (No Discounts) 9 Paid $2,800 on account. (No Discounts) 12 Paid dd's Discount Supply in full, less discount 12 Paid $3,550 for salaries due employees, of which $1,065 is for August and $2,485 is for September 13 Purchased 5,000 units for inventory on account from Office Headquarters at $0.80 each. Terms 210, 30 15 Sold 4,000 units of inventory to customers on account at $0.99 per unit. Terms 2/10, n30 (2.800 $0.75 & 1,200 $0.80) 20 Received $5,450 Cash for services performed in September 23 Purchased supplies on account $1,500 23 Received collections in full, less discount, from customers billed for sales on September 15 (Round amount to whole dollars) 26 Paid Salaries $3,550 29 Billed customers $2,180 for services performed in September. 30 Paid Office Headquarters in full (No discount) 30 OReceived $1,500 from customers for services to be performed in the future Instructions: 1. Enter the September 1, balances in ledger accounts 2. Journalize the September transactions 3. Post to the ledger accounts, HINT: You will need to add some accounts to the beginning ones available 4 Prepare a Trial Balance for September 30, 2022 Adjustment Data: 1. Supplies on hand are valued at $1,400. 2. Accrued salaries are $1,775 3. Depreciation for the month is $250. 4 $2,250 of services related to the Unearned Service Revenue has not been earned by month end Additional Instruction: 5. Journalize the Adjusting Entries