MATSUI COMPANY

Trial Balance(in 000)

December 31

Before AdjustmentAfter Adjustment

Dr.Cr.Dr.Cr.

Cash2,0002,000

Accounts Receivable2,8003,900

Prepaid Rent2,1001,300

Supplies1,200700

Equipment18,00018,000

Accumulated Depreciation

Equipment1,3001,500

Accounts Payable2,7003,200

Notes Payable10,00010,000

Interest Payable120

Salaries and Wages Payable600

Unearned Service Revenue4,4604,060

Share Capital-Ordinary7,2007,200

Dividends3,2003,200

Service Revenue8,0009,500

Salaries and Wages Expense2,0602,660

Utilities Expense1,8002,300

Rent Expense5001,300

Supplies Expense500

Depreciation Expense200

Interest Expense120

Totals33,66033,66036,18036,180

make a journal form, with an explanation, an adjustment entry that explains the change in balance from the trial balance to the adjusted trial balance.