AMIT COMPANY Trial Balance August 31, 2012 Before After Adjustment Adjustment
Dr. Cr. Dr. Cr.
Cash $10,900 $10,900Accounts Receivable 8,800 9,400Supplies 2,500 500Prepaid Insurance 4,000 2,500Equipment 16,000 16,000Accumulated Depreciation—Equipment $ 3,600 $ 4,800Accounts Payable 5,800 5,800Salaries and Wages Payable 0 1,100Unearned Rent Revenue 1,800 800Common Stock 10,000 10,000Retained Earnings 5,500 5,500Dividends 2,800 2,800Service Revenue 34,000 34,600Rent Revenue 12,100 13,100Salaries and Wages Expense 17,000 18,100Supplies Expense 0 2,000Rent Expense 10,800 10,800Insurance Expense 0 1,500Depreciation Expense 0 1,200 $72,800 $72,800 $75,700 $75,700
Instructions:
Prepare the income and tetained earnings statements for the year and the flassified balance sheet at August 31.
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