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Maria Company Trial Balance December 31,2019 Cash 3,025 Supplies 2,070 Prepaid Insurance 820 Office equipment 53,650 Accumulated depreciation 19,700 Accounts Payable 925 Owner's Capital 24,180
Maria Company Trial Balance December 31,2019 Cash 3,025 Supplies 2,070 Prepaid Insurance 820 Office equipment 53,650 Accumulated depreciation 19,700 Accounts Payable 925 Owner's Capital 24,180 Owner's Drawing 12,600 Service fees 54,125 Salaries expense 16,125 Rent expense 6,000 Utilities Expense 3,915 Miscellaneous expense 725 Totals 98,930 98,930 Additional information: 1.Inventory of Supplies at December 31- P700. 2.Insurance premiums expired during the year- P450. 3. Depreciation on office equipment- P1,950. 4. Salaries accrued but not yet paid at December 31- P250. 5. Rent is for a period of three months starting October 31. Instructions: 1. Kindly make the adjusting entries. 2. make the adjusted trial balance. 3. Make income statement. 4. Make the statement of cash flows. 5. Make the reversing entries. Thanks tutor
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