Unadjusted trial balance shows the status of its accounts at the end of its first month of

operations.

• Cash $5,000
• Accounts receivable 2,000
• Furniture and Equipment 14,000
• Accumulated depreciation, F&E 2,000
• Accounts Payable 4,000
• Prepaid insurance 1,200
• Capital, Paul 8,000
• Withdrawals, Paul 2,000
• Salaries and Wages expense 6,000
• Room sales 20,000
• Notes Payable 4,000
• Advertising expense 1,500
• Other operating expenses 4,000
• Housekeeping supplies inventory 1,800
• Interest expense 500

2.1  Journalize the year-end adjusting transactions below (a to e) 

2.2  Complete the worksheet, using the following adjustments. 

2.3  Using the updated figures from the worksheet, prepare closing entries

2.4  Make a post-closing trial balance