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The adjusted trial balance for Pharoah Company is given below. Pharoah Company Trial Balance August 31, 2020 Before Adjustment After Adjustment Dr. Cr. Dr. Cr.

The adjusted trial balance for Pharoah Company is given below.

Pharoah Company Trial Balance August 31, 2020

Before Adjustment

After Adjustment

Dr.

Cr.

Dr.

Cr.

Cash

$10,200 $10,200

Accounts Receivable

8,900 9,900

Supplies

2,300 600

Prepaid Insurance

3,800 2,700

Equipment

13,500 13,500

Accumulated Depreciation-Equipment

$ 3,700 $ 4,500

Accounts Payable

5,800 5,800

Salaries and Wages Payable

0 1,400

Unearned Rent Revenue

1,400 800

Common Stock

11,200 11,200

Retained Earnings

3,600 3,600

Service Revenue

33,900 34,900

Rent Revenue

11,100 11,700

Salaries and Wages Expense

16,800 18,200

Supplies Expense

0 1,700

Rent Expense

15,200 15,200

Insurance Expense

0 1,100

Depreciation Expense

0 800
$70,700 $70,700 $73,900

$73,900

Prepare the retained earnings statement for the year, prepare the income statement for the year, prepare the balance sheet at August 31.

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