On July 31, 2019, after one month of operation, the general ledger of Micha Domenici, Consultant, contained the accounts and balances given below.

ACCOUNTS AND BALANCES
Cash	$	24,760		Dr.
Accounts Receivable		1,290		Dr.
Supplies		810		Dr.
Prepaid Rent		8,250		Dr.
Prepaid Insurance		1,320		Dr.
Prepaid Interest		340		Dr.
Furniture		11,505		Dr.
Accumulated DepreciationFurniture
Equipment		5,975		Dr.
Accumulated DepreciationEquipment
Notes Payable		16,200		Cr.
Accounts Payable		4,000		Cr.
Interest Payable
Unearned Consulting Fees		4,200		Cr.
Michael Domenici, Capital		26,880		Cr.
Michael Domenici, Drawing		1,500		Dr.
Consulting Fees		7,500		Cr.
Salaries Expense		2,700		Dr.
Utilities Expense		195		Dr.
Telephone Expense		135		Dr.
Supplies Expense
Rent Expense
Insurance Expense
Depreciation ExpenseFurniture
Depreciation ExpenseEquipment
Interest Expense

ADJUSTMENTS

1. On July 31, an inventory of the supplies showed that items costing $555 were on hand.
2. On July 1, the firm paid $8,250 in advance for six months of rent.
3. On July 1, the firm purchased a one-year insurance policy for $1,320.
4. On July 1, the firm paid $340 interest in advance on a four-month note that it issued to the bank.
5. On July 1, the firm purchased office furniture for $11,505. The furniture is expected to have a useful life of seven years and a salvage value of $1,425.
6. On July 1, the firm purchased office equipment for $5,975. The equipment is expected to have a useful life of five years and a salvage value of $1,475.
7. On July 1, the firm issued a three-month, 6 percent note for $6,800.
8. On July 1, the firm received a consulting fee of $4,200 in advance for a one-year period.

Required:

1. Prepare a partial worksheet with the following sections: Trial Balance, Adjustments, and Adjusted Trial Balance. Use the data about the firms accounts and balances to complete the Trial Balance section.
2. Enter the adjustments described above in the Adjustments section.
3. Complete the Adjusted Trial Balance section.

Analyze: what total amount were the expense accounts of the business adjusted?