The March 31, 2014, unadjusted trial balance for Nanimahoo Rentals after its first year of operations is shown below:

Requried
1. Enter the unadjusted trial balance onto a work sheet.
2. Using the following additional information enter the adjustments into the work sheet (the Chart of Accounts at the back of the textbook may be useful when additional accounts are required):
a. It was determined that the balance in the Rent Receivable account at March 31 should be $36,000.
b. A count of the office supplies showed $1,830 of the balance had been used.
c. Annual depreciation on the building is $25,000 and $3,500 on the furniture.
d. The two part-time office staff members each get paid $1,600 bi-weekly. The last bi-weekly pay period ended Friday, March 21. At March 31, six days' salary had accrued.
e. A review of the balance in Advertising Expense showed that $2,400 was for advertisements to appear in the April issue of Canadian Business magazine.
f. Accrued utilities at March 31 totaled $2,620.
g. March interest of $425 on the long-term note payable is unrecorded and unpaid as of March 31.
3. Complete the work sheet.

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Nanimahoo Rentals Trial Balance.xls Home Insert Page Layout Formulas ata Review Vew P18 Nanimahoo Rentals Unadjusted Trial Balance March 31, 2014 Unadjusted Trial Balance 4 6 No 7 101 Cash 8 110 Rent receivable 9 124 Office supplies 10 141 Notes receivable, due 2017 11 161 Furniture 12 173 Building 13 183 Land 4 191 Patent 15 201 Accounts payable 16 252 Long-term note payable 17 301 oan Nanimahoo, capital 18 302 oan Nanimahoo, withdrawals 19 406 Rent earned 20 620 Office salaries expense 21 633 Interest expense 22 655 Advertising expense 23 673 Janitorial expense 24 690 Utilities expense 25 Account Cr 7,000 31,000 2,250 46,000 16,000 216,000 41,000 9,600 13,750 175,000 90,250 92,000 328,800 52,000 5,250 14,600 41,000 34,100 607,800 Totals 607,800