Krause Consulting Krause Consulting

Adjustment Journal Adjusted Trial Balance

May 2020 May 2020

Date Account Dr. Cr. Dr Cr

1 Supplies Expense 900 v Cash 4500
Supplies 900 v A/R 7700
2 Utilities Expense 250 v Supplies 1000
Account Payable 250 v Prepaid Insurance 3450
3 Insurance expense 150 v Equipment 11400
Prepaid Insurance 150 v Acc Dep Equipment 190
4 Unearned Service Revenue 1600 v A/P 4750
Service Revenue 1600 v SW Payable 1104
5 SW Expense 1104 v Unearned Service R. 400
SW Payable 1104 v Owners Capital 18700
6 Dep Expense 190 v Service Revenue 12800
Acc Dep Equipment 190 v SW Expense 7504
7 Account Receivable 1700 v Rent Expense 900
Service Revenue 1700 v Supplies Expense 900
Utilities Expense 250
Insurance Expense 150
Dep Expense 190
37944 37944
HANKS HOTEL
Adjustment Adjusted Trial Balnce
may 2020
Cash 3400
No. Account Dr. Cr. Supplies 750
1 Insurance Expense 200 v Prepaid Insurance 2200
Prepared Insurance 200 v Land 12000
2 Supplies Expense 1330 v Building 60000
Supplies 1330 v Equipment 15000
3 Dep Exp 425 v Acc Dep Building
Acc Dep Building 300 v Acc Dep Equipment
Acc Dep Equipment 125 v A/P
4 Interest expense 200 v SW Payable
Interest payable 200 v Interest payable
5 Unearned Rent Revenue 2200 v Unearned Rent R.
Rent Revenue 2200 v Mortgage Payable
6 SW expense 750 v Owners Capital
SW payable 750 v Rent Revenue
5105 5105 Ads Expense 600
SW Expense 4050
Adjusted Trial Balance Rent Expense
Supplies Expense 1330
Utilities Expense 900
Income Statement Insurance Expense 200
Revenue 12500 Dep Expense 425
Less: Expenses 7705 Interest Expense 200
Net Income 4795 101055

Owners Equity Statement Balance Sheet

Beginning 41380 Aset
Net Income 4795 Cash 3400
Drawings - Supplies 750
Ending 46175 Prepaid Insurance 2200
Land 12000
Building - dep 59700
Equipment - dep 14875
92925
 300
125
4700
750
200
1100
40000
41380
12500

101055

Utang+Modal
A/P 4700
SW Payable 750
Interest payable 200
Unearned Rent R. 1100
Mortgage Payable 40000
Owner Equity 46175
92925
Gabriels Graphic Company BELUM SESUAI KUNCI MEMEEEEE'''
Adjustment
June 30, 2020

No Accounts Dr. Cr.

1 Supplies 1300 V
Supplies Expense 1300 v
2 Interest Expense 500 v
Interest Payable 500 v
3 Prepaid Insurance 900 V
Insurance Expense 900 v
4 Service Revenue 1300 v
Unearned Service Revenue 1300 v
5 A/R 2000 V
Service Revenue 2000 v
6 Dep exp 1125 V
Acc dep equipment 1125 v

Cash 8600 Income Statement

A/R 16000 Revenue 58800
Supplies 1300 Expenses 40025
Prepaid Insurance 1800 Net Incom 18775
Equipment 45000
Acc Dep Equipment 1125 71575
A/P 9000
Notes Payable 20000
Interest payable 500
Unearned R. 1300
Owners Capital 22000
Sales Rev 52100
Service Revenue 6700
Ads Expense 1900
SW Expense 30000
Rent Expense 1500
Supplies Expense 2400
Utilities Expense 1700
Insurance Expense 900
Dep Expense 1125
Interest Expense 500
112725 112725
112725
0

Cash 8600
A/R 16000
Supplies 1300
Prepaid Insurance 900
Equipment 45000
Acc Dep Equipment 1125
A/P 9000
Notes Payable 20000
Interest payable 500
Unearned R. 1300
Owners Capital 22000
Sales Rev 52100
Service Revenue 6700
Ads Expense 1900
SW Expense 30000
Rent Expense 1500
Supplies Expense 2400
Utilities Expense 1700
Insurance Expense 1800
Dep Expense 1125
Interest Expense 500
112725 112725
112725