Problem 4-4A (Part Level Submission)

Jarmuz Management Services began business on January 1, 2015, with a capital investment of $82,031. The company manages condominiums for owners (service revenue) and rents space in its own office building (rent revenue). The trial balance and adjusted trial balance columns of the worksheet at the end of 2015 are as follows.

JARMUZ MANAGEMENT SERVICES Worksheet For the Year Ended December 31, 2015
		Trial Balance				Adjusted Trial Balance
		Dr.		Cr.		Dr.		Cr.
Cash		13,980				13,980
Accounts Receivable		28,390				28,390
Prepaid Insurance		3,540				2,360
Land		66,120				66,120
Buildings		126,900				126,900
Equipment		58,940				58,940
Accounts Payable				13,000				13,000
Unearned Rent Revenue				5,820				1,310
Mortgage Payable				127,400				127,400
Common Stock				82,031				82,031
Retained Earnings				53,619				53,619
Dividends		21,970				21,970
Service Revenue				91,660				91,660
Rent Revenue				28,610				33,120
Salaries and Wages Expense		42,120				42,120
Advertising Expense		20,980				20,980
Utilities Expense		19,200				19,200
Totals		402,140		402,140
Insurance Expense						1,180
Depreciation Expense						6,570
Accumulated DepreciationBuildings								3,190
Accumulated DepreciationEquipment								3,380
Interest Expense						10,420
Interest Payable								10,420
Totals						419,130		419,130

Prepare a complete worksheet