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S. Below is Bill Brady Law's adjusted trial balance at the end of its annual accounting period. Bill Brady Trial Balance Law December 31, 2020

S. Below is Bill Brady Law's adjusted trial balance at the end of its annual accounting period.

Bill Brady Trial Balance Law December 31, 2020

Debit

Credit

Cash

$13,000

Accounts receivable

$20,000

Office Supplies

$10,300

Office equipment

$40,500

Accumulated depreciation, office

$22,000

Long-term notes payable

$60,000

Bill Brady, capital

$11,000

Bill Brady, withdrawals

$10,000

Service Revenue

$51,100

Salary expense

$30,000

Rent expense

$12,300

Depreciation expenses, office equipment

$1,000

Advertising expense

$4,000

Office supplies expense

$3,000

$2,500

Total

$144,100

$144,100

Prepare the necessary entries in the Companys Journal on Dec. 31, 2020.

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