Kristi Williams Family Counseling Services UNADJUSTED TRIAL BALANCE December 31, 20- CREDIT DEBIT ACCOUNT TITLE 8,730.00 1 Cash 2 Office Supplies 700.00 3 Prepaid Insurance 600.00 Office Equipment 18,000.00 Computer Equipment 6,000.00 6Notes Payable 8,000.00 7 Accounts Payable 500.00 Kristi Williams, Capital 11,400.00 Kristi Williams, Drawing 9 5,000.00 10 Client Fees 35,800.00 11 Wages Expense 9,500.00 12 Rent Expense 6,000.00 13 Utilities Expense 2,170.00 14 Miscellaneous Expense 1,000,00 1s Totals 55.700.00 55,700.00 (a) Office supplies on hand at year-end amounted to $100 (b) On January 1, 20-, Williams purchased office equipment that cost $18,000. It has an expected useful life of 10 years and no salvage value (c) On July 1, 20- Williams purchased oomputer equipment costing $6.000. It has an expected useful life of three years and no salvage value. Assume that Williams computes depreciation to the nearest full month (d) On December 1, 20-, Williams paid a premium of $000 for a six-month insurance policy Required: 1. Prepare the work sheet for the year ended December 31, 20- 2. Prepare adjusting entries in a general joumal CHART OF ACCOUNTS Kristi Williams General Ledger REVENUE ASSETS 401 Client Fees Cash 101 Office Supplies 142 EXPENSES Prepaid Insurance 145 511 Wages Expense 181 Office Equipment 181.1 Accumulsted Depreciation-Office Equipment 521 Rent Expense 523 Office Supplies Expens 187 Computer Equipment 533 Ubilities Expense 187.1 Accumulated Depreciation-Computer Equipment 535 Insurance Expense LIABILITIES 541 Deprecistion Expense-Office Equipment 642 Depreciation Expense-Computer Equipment 201 Notes Payable 202 Accounts Payable 549 Miscellaneous Expense EQUITY 311 Kristi Williams. Capital 312 Kriati Williams Drawing GENERAL JOURNAL CREDIT DEBIT POST REF ACCOUNT TITLE DATE Adjusting Entries 2 er Ksw Farnly Conng Servis W Far tded Denber 31, 20- apusED L ADETED NOME ANCE TRAL BULANECT AMES ADRECDMENTS EAHET SEEn MANE CHECET DT a CHEDET oma Sgpn oma Enet aCamputr ue Amn D Cop ubman 3000 e an Caph 10020 s cen Dwing u Clae Fa 030 sag 620000 r oma Seps Bpe 200 u nsva bo Depadatn Bn-oma tog a a Derwd tovw-Cangutar Spipma aMao Rq SE70000