Journalize, Ledger, Adjusted Trial Balance, Income Statement,Closing Entry.

AA Co.

Unadjusted trial balance

May 31,2017

Debit

CASH 8250

supplies 1000

Equipment 18000

Ad Expense 250

Salaries expense 2000

Dividends 1500

Total 31000

Credit

unearned revenue 2000

Notes payable 9000

Common stock 15000

Service revenue 5000

Total 31000

1. On may 31, AA co. filmed the retirement reception for costumer who paid $2,000 on May 10.

2.On may 31, AA Co. filmed the first night of the two-night local fair. The second night will be filmed

on june 1, at which time AA Co. will bill the costumer. The costumer has agreed to pay $1500 for each night.

3.After physical count, A Co.determined that it had $650 of supplies remaining.

4.The interest rate for the promisory note is 6%.

5.AA Co. estimates that depriciation for May on its two camera total $600.