MORNING JACKET Trial Balance December 31 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $2,000 $2,000 Accounts Receivable 2,800 3,800 Prepaid Rent 2,100 1,400 Supplies 1,200 650 Equipment 18,000 18,000 Accumulated depreciation-Equipment $1,300 $1,500 Accounts Payable Notes Payable Interest Payable Salaries and Wages Payable Unearned Service Revenue Common Stock 2,700 2,700 10,000 10,000 140 1,270 4,460 3,960 7,200 7,200 Dividends 3,200 3,200 Service Revenue 8,000 9,500 Salaries and Wages Expense 3,860 5,130 Rent Expense 500 1,200 Supplies Expense 550 Depreciation Expense-Equipment 250 Interest Expense 140 Totals $33,660 $33,660 $36,320 $36,320 Account Titles and Explanation (To record revenue recognized but not yet received) (To record expiration of prepaid rent) (To record supplies used) (To record depreciation expense) Debit Credit (To record depreciation expense) (To record salaries owed, not yet paid) (To record accrued interest payable) (To record revenue earned)