Month Day Account Description Acct. # Dr. Cr. Transaction Detail: Dec. 1,000 500 3,500 350 2 Advertising Expense Cash 3 Computer Equipment Cash 4 Accounts Receivable Accounts Payable 10 Wages Expense Wages Payable 14 Prepaid Rent Cash 15 Computer Supplies Computer Equipment 16 Office Equipment 20 Wages Payable Retained Earnings 28 Accounts Receivable Prepaid Rent 31 Cash Dividends Paid $1,000 cash for advertising costs. 1,000 Paid $500 cash for minor repairs to computer. 500 Received $3,500 from payment on account. 3,500 Paid part-time worker wages of $350. 350 Customer pays cash advance of $1,500 for services in January 1,500 Purchased $1,100 of computer supplies on credit. 1,100 Hired a new part-time worker 5,600 Completed a project received $5,600 for client. 1,500 1,100 5,600 2,000 Received $2,000 from customer as partial payment on account. 2,000 1,500 Paid $1,500 cash dividends 1,500 - Totals for December 17,050 17,050 Check figure: $17,050 Adjusting Entries Dec. 580 555 31 Computer Supplies Computer Equipment 31 Prepaid Insurance Accounts Payable 31 Prepaid Insurance Prepaid Rent 31 Accum. Depr - Comp. Equip. Depr. Exp. - Comp. Equipment 31 Accum. Depr - Office Equip. Computer supplies count shows $580 still available. 580 Three months' prepaid insurance worth $555 have expired. 555 $500 of wages hae been accrued but not paid at Dec. 31 500 1,250 Depreciation related to the computer is $1,250. 500 1,250 400 Depreciation related to the office equipment is $400. 101 Cr. 1,000 500 Cash Month Day Dr. Beginning Balance Dec. 2 3 4 3,500 10 14 1,500 20 5,600 28 2,000 31 Ending Balance (Check: $58,256) 350 Balance 49,006 48,006 47,506 51,006 50,656 52,156 57,756 59,756 58,256 58,256 1,500 106 Day Cr. Accounts Receivable Month Dr. Beginning Balance Dec. 4 28 2,000 Ending Balance (Check: $7,118) 3,500 4,000 Balance 12,618 9,118 7,118 7,118 126 Cr. 1,100 1,500 Balance 2,545 1,445 580 580 Computer Supplies Month Day Dr. Beginning Balance Dec. 15 31 635 Ending Balance (Check: $580) Prepaid Insurance Month Day Dr. Beginning Balance Dec. 31 1,100 Ending Balance (Check: $1,665) 128 Cr. Balance 2,220 1,820 1,820 1,500 Prepaid Rent 131 131 Cr. Prepaid Rent Month Day Dr. Beginning Balance Dec. 31 Ending Balance (Check: $825) Balance 3,300 3,300 3,300 163 Dr. Cr. Office Equipment Month Day Beginning Balance Ending Balance Balance 8,000 8,000 164 Cr. Balance Accum. Depr - Office Equip. Month Day Dr. Dec. 31 Ending Balance 167 Cr. Computer Equipment Month Day Dr. Beginning Balance Ending Balance Balance 20,000 20,000 168 Cr. Balance Accum. Depr - Comp. Equip. Month Day Dr. Dec. 31 Ending Balance 201 Dr. Cr. Balance Accounts Payable Month Day Beginning Balance Dec. 15 Ending Balance Wages Payable 210 210 Dr. Cr. Balance Wages Payable Month Day Dec. 31 Ending Balance 236 Cr. Balance Unearned Computer Services Month Day Dr. Dec. 14 Ending Balance 307 Dr. Cr. Common Stock Month Day Beginning Balance Ending Balance Balance 83,000 83,000 318 Retained Earnings Month Day Dr. Cr. Balance Ending Balance (Check: S0) 319 Dr. Cr. Dividends Month Day Beginning Balance Dec. 31 Ending Balance Balance 5,600 5,600 5,600 403 Dr. Cr. Computer Services Revenue Month Day Beginning Balance Dec. 20 Ending Balance (Check: $31,259) Balance 25,659 25,659 25,659 Depr. Fxn.- Office Fauipment 612 612 Dr. Cr. Balance Depr. Exp. - Office Equipment Month Day Dec. 31 Ending Balance 613 Day Cr. Balance Depr. Exp. - Comp. Equipment Month Dr. Dec. 31 Ending Balance 623 Cr. Wages Expense Month Day Dr. Beginning Balance Dec. 31 31 Ending Balance (Check: $3,475) Balance 2,625 2,625 2,625 2,625 637 Dr. Cr. Insurance Expense Month Day Dec. 31 Ending Balance Balance - 640 Dr. Cr. Balance Rent Expense Month Day Dec. 31 Ending Balance 652 Cr. Balance Computer Supplies Expense Month Day Dr. Dec. 31 Ending Balance Advertisino Fynense 655 655 Dr. Cr. Advertising Expense Month Day Beginning Balance Dec. 2 Ending Balance Balance 1,940 1,940 1,940 684 Cr. Repairs Expense - Computer Month Day Dr. Beginning Balance Dec. 3 Ending Balance Balance 805 805 805 500 1,250 Depreciation related to the computer is $1,250. 1,250 Prepaid Rent 31 Accum. Depr - Comp. Equip. Depr. Exp. - Comp. Equipment 31 Accum. Depr - Office Equip. Depr. Exp. - Office Equipment 31 Prepaid Rent Rent Expense 400 Depreciation related to the office equipment is $400. 400 2,475 Prepaid rent of $2,475 has expired. 2,475 Totals 5,760 5,760 Check figure: $8,245