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Unadjusted Trial Balance 31.Ara.19 31.Ara Cash DR 10.000 CR Accounts Receivable 30.000 Prepaid Insurance 3.000 Painting Supplies 7.000 31.Ara Truck 25.000 Office Equipment 50.000 Accumulated

Unadjusted Trial Balance 31.Ara.19 31.Ara Cash DR 10.000 CR Accounts Receivable 30.000 Prepaid Insurance 3.000 Painting Supplies 7.000 31.Ara Truck 25.000 Office Equipment 50.000 Accumulated Depreciation 15.000 Bank Loans 50.000 Accounts Payable 25.000 Unearned Revenue 5.000 Capital 30.000 Painting Revenue 60.000 Paint Design Revenue 15.000 Salary Expense 55.000 Painting Expense 8.000 Truck Expense 3.500 31.Ara Interest Expense 4.500 Depretiation Expense 4.000 200.000 200.000 A study of insurance policies shows that $1,000 is unexpired at the end of the dr Account Name Account Name An inventory of painting supplies shows $3,000 on hand. dr Account Name Account Name 31.Ara Estimated depreciation on the truck and equipment for the year is $2,500. dr Account Name Account Name Accrued interest on bank loans amounts to $1,000. dr Account Name Account Name At the end of the year, the unadjusted trial balance for XYZ Painters is presented above. The following information is also available: a. A study of insurance policies shows that $1,000 is unexpired at the end of the year. b. An inventory of painting supplies shows $3,000 on hand. c. Estimated depreciation on the truck and equipment for the year is $2,500. d. Accrued interest on bank loans amounts to $1,000. 31.Ara Unearned revenue corresponds to a contract made in November, for a design The project is completed as of December 31, 2019. dr Account Name Account Name e. Unearned revenue corresponds to a contract made in November, for a design project. The project is completed as of December 31, 2019. f. Salaries are paid on the first day of the following month. December salaries amounts to 31.Ara Salaries are paid on the first day of the following month. December salaries amounts to $6,000. 31. Ara Salaries are paid on the first day of the following month. December salaries amounts to $6,000. dr Account Name Account Name

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