La Mesa Laundry

Unadjusted Trial Balance

August 31, 2019Debit BalancesCredit BalancesCash3,800Laundry Supplies9,000Prepaid Insurance6,000Laundry Equipment180,800Accumulated Depreciation49,200Accounts Payable7,800Bobbi Downey, Capital95,000Bobbi Downey, Drawing2,400Laundry Revenue248,000Wages Expense135,800Rent Expense43,200Utilities Expense16,000Miscellaneous Expense3,000400,000400,000

The data needed to determine year-end adjustments are as follows:

1. Wages accrued but not paid at August 31 are $2,200.
2. Depreciation of equipment during the year is $8,150.
3. Laundry supplies on hand at August 31 are $2,000.
4. Insurance premiums expired during the year are $5,300.

Bobbi Downey, Capital

Aug. 31 Clos. 2400. Aug. 31 Bal. 95,000

Aug. 31 Bal. 27350

Aug. 31 Bal.119950