1. The following is the Bravo Unlimited unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance

December 31, 2016

Account Title Debit Credit

Cash $88,450

Accounts Receivable 331,860

Supplies 7,255

Prepaid Rent 16,000

Equipment 295,285

Accumulated Depreciation $224,260

Accounts Payable 78,555

Wages Payable 0

Capital Stock 220,000

Retained Earnings 111,145

Service Revenue 893,105

Interest Income 1,500

Rent Expense 60,500

Wages Expense 527,260

Supplies Expense 42,520

Utilities Expense 8,595

Depreciation Expense 144,000

Interest Expense 6,840

Totals $1,528,565 $1,528,565

Adjusting Items:

1. The prepaid rent covers December 2016 thru March 2017 rents.

2. December depreciation on equipment is $14,500 per month.

3. At year end Wages of $15,000 were earned but unpaid.

Bravo prepares monthly adjusting entries. Use this information to determine the adjusted account balances for the following:

1. Cash

2. Prepaid Rent

3. Equipment

4. Accumulated Depreciation

5. Wages Payable

6. Rent Expense

7. Wages Expense

8. Depreciation Expense