Q.1 On January 31, 2016, the general ledger of Meeks Company showed the following account balances.

ACCOUNTS

Cash 63,000

Accounts Receivable 22,500

Supplies 9,000

Prepaid Insurance 8,200

Equipment 91,500

Accum. Depr.Equip. 0

Accounts Payable 16,700

Lorraine Meeks, Capital 81,950

Fees Income 117,000

Depreciation Exp. Equip. 0

Insurance Expense 0

Rent Expense 10,600

Salaries Expense 10,850

Supplies Expense 0

Additional information:

a. Supplies used during January totaled $5,700.

b. Expired insurance totaled $2,050.

c. Depreciation expense for the month was $1,825.

Complete a Worksheet.

	Trail Balance		Adjustments		Adjusted Trail Balance
Account Name	Debit	Credit	Debit	Credit	Debit	Credit