Question 2. Part-2 (CLO-2) Following is the trial balance of Jack & Jill services. Unadjusted Trial Balance As on 31 December, 2009 Unadjusted Trial Adjusted Trial Balance Adjustments Particulars Balance Dr. Cr. Dr. Cr. Dr. Cash 169,500 Unexpired insurance 12,800 Prepaid Rent 14,600 Office supplies 2,160 Equipments 108,000 Acc. Depreciation 54,000 equipments Accounts payable 4,300 Notes payable 90,000 9000 90,000 Interest payable 6,750 Income tax payable 7,500 16,000 Unearned member dues 36,000 21000 Capital stock 40,000 Retained earnings 28,000 Clients fee earned 508,450 Advertising expense 17,290 Insurance expense 35,200 19200 Rent expense 80,300 21900 Office supplies expense 18,400 440 Internet charges 24,000 Depreciation: equipments 33,000 Salaries expense 239,000 10500 Interest expense 6,750 Income tax expense 14,000 Total 775,000 775,000 Cr. (10)