The adjusted trial balance of Karise Repairs on December 31 follows. Credit Debit $136,000 1,200 2,150 52,000 $ 5,200 KARISE REPAIRS Adjusted Trial Balance December 31 No. Account Title 101 Cash 124 Office supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 201 Accounts payable 210 Wages payable 301 c. Karise, Capital 302 C. Karise, Withdrawals 401 Repair fees earned 612 Depreciation expense-Equipment 623 Wages expense 637 Insurance expense 640 Rent expense 650 Office supplies expense 690 Utilities expense Totals 13,000 1,400 34,000 17,500 225,45 5,200 41,000 900 15,000 3,700 4,400 $ 279, 050 $279,050 Note: C. Karise, Capital was $34,000 on December 31 of the prior year. CH Dr. Dr. Cr. Dr. s Cr $ 136,000 1,200 2,150 52,000 136,000 1,200 2,150 52,000 $ 5,200 13,000 5,200 13,000 1,400 1,400 No. Account Title 101 Cash 124 Office supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation--Equipment 201 Accounts payable 210 Wages payable 301 C. Karise, Capital 302 C. Karise, Withdrawals 401 Repair fees earned 612 Depreciation expense-Equipment 623 Wages expense 637 Insurance expense 640 Rent expense 650 Office supplies expense 690 Utilities expense 901 Income summary 34,000 17,500 17,500 17,500 225,450 225.450 5,200 5,200 41,000 900 15,000 3,700 4,400 41,000 900 15,000 3,700 4,400 70,200 The adjusted trial balance of Karise Repairs on December 31 follows. Credit Debit $136,000 1,200 2,150 52,000 $ 5,200 KARISE REPAIRS Adjusted Trial Balance December 31 No. Account Title 101 Cash 124 Office supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 201 Accounts payable 210 Wages payable 301 c. Karise, Capital 302 C. Karise, Withdrawals 401 Repair fees earned 612 Depreciation expense-Equipment 623 Wages expense 637 Insurance expense 640 Rent expense 650 Office supplies expense 690 Utilities expense Totals 13,000 1,400 34,000 17,500 225,45 5,200 41,000 900 15,000 3,700 4,400 $ 279, 050 $279,050 Note: C. Karise, Capital was $34,000 on December 31 of the prior year. CH Dr. Dr. Cr. Dr. s Cr $ 136,000 1,200 2,150 52,000 136,000 1,200 2,150 52,000 $ 5,200 13,000 5,200 13,000 1,400 1,400 No. Account Title 101 Cash 124 Office supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation--Equipment 201 Accounts payable 210 Wages payable 301 C. Karise, Capital 302 C. Karise, Withdrawals 401 Repair fees earned 612 Depreciation expense-Equipment 623 Wages expense 637 Insurance expense 640 Rent expense 650 Office supplies expense 690 Utilities expense 901 Income summary 34,000 17,500 17,500 17,500 225,450 225.450 5,200 5,200 41,000 900 15,000 3,700 4,400 41,000 900 15,000 3,700 4,400 70,200
