Telecom Solution

Worksheet

November 30, 2018

		Unadjusted						Adjusted
		Trial Balance		Adjustments				Trial Balance
	Account Names	Debit	Credit	Debit		Credit		Debit	Credit
	Cash	$3,800						$3,800
	Accounts Receivable	3,700		(a)	$850			4,550
	Prepaid Rent	1,300				(d)	$950	350
	Office Supplies	3,900				(e)	500	3,400
	Equipment	33,600						33,600
	Acc. Depr.Equipment		$1,700			(b)	200		$1,900
	Accounts Payable		5,600						5,600
	Salaries Payable					(c)	700		700
	Common Stock		35,250						35,250
	Dividends	2,800						2,800
	Service revenue		8,850			(a)	850		9,700
	Depr. ExpenseEquipment			(b)	200			200
	Salaries Expense	1,500		(c)	700			2,200
	Rent Expense			(d)	950			950
	Utilities Expense	800						800
	Supplies Expense			(e)	500			500
	Total	$51,400	$51,400	$3,200		$3,200		$53,150	$53,150
								Net Income

Income
Statement
Debit	Credit
	$9,700
$200
2,200
950
800
500
$4,650	$9,700
5,050
$9,700	$9,700

Balance
Sheet
Debit	Credit
$3,800
4,550
350
3,400
33,600
	$1,900
	5,600
	700
	35,250
2,800
$48,500	$43,450
	5,050
$48,500	$48,500