Smart Touch Learning SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Income Statement Month Ended December 31, 2016 Cash 42,180 Revenues: Accounts Receivable 2,400 Service Revenue 24,800 Office Supplies 500 Expenses: Prepaid Insurance 1,050 Depreciation Expense Furniture 100 Furniture 10,300 Salaries Expense 7,400 Accumulated Depreciation - Furniture 100 Rent Expense 1,700 Salaries Payable 4,100 90 Unearned Revenue 3,300 350 Common Stock 37,700 Supplies Expense Insurance Expense Utilities Expense Total Expenses Net Income 330 Dividends 3,600 9990 Service Revenue 24,000 14810 Salaries Expense 7400 Depreciation Expense Furniture 100 Smart Touch Learning Insurance Expense 350 Uulities Expense 330 Statement of Retained Earnings Month Ended December 31, 2016 Rent Expense 1,700 Supplies Expense 90