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Tral Balance Adjustment Adjusted trial Balance DEBITS CREDITS DEBITS CREDITS Cash 30000 71,250 8,000 2,400 96,000 52.000 Client fees receivable Supplies Prepaid studio rent studio

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Tral Balance Adjustment Adjusted trial Balance DEBITS CREDITS DEBITS CREDITS Cash 30000 71,250 8,000 2,400 96,000 52.000 Client fees receivable Supplies Prepaid studio rent studio equipment accumulated depreciation studio equipment accounts payable Notes payable Interest payable Unearned client fees Income tax payable capital 12940 24,000 480 12000 6,000 50,000 Sales revenue 27 000 Client fees earned 82 310 7,000 17,250 480 Supply expense Salary expense Interest expense Studio rent expense Utilities expense Depreciation expense studio equipment 11,250 5,300 8,800 9,000 Income tax expense 266730 266730

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