Kristi Williams offers family counseling services specializing in financial and marital problems.

Kristi Williams Family Counseling Services

UNADJUSTED TRIAL BALANCE

December 31, 20--

	ACCOUNT TITLE	DEBIT	CREDIT
1	Cash	8,730.00
2	Office Supplies	700.00
3	Prepaid Insurance	600.00
4	Office Equipment	18,000.00
5	Computer Equipment	6,000.00
6	Notes Payable		8,000.00
7	Accounts Payable		500.00
8	Kristi Williams, Capital		11,400.00
9	Kristi Williams, Drawing	3,000.00
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
15	Totals	55,700.00	55,700.00

Information for year-end adjustments is as follows:

	(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 computer 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 $600 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 journal.