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The following unadjusted trial balance is for Adams Construction Co. as of the end of its 2011 fiscal year. The June 30, 2010, credit balance of the owner’s capital account was $52,660, and the owner invested $25,000 cash in the company during the 2011 fiscal year.  ? ? ?ADAMS CONSTRUCTION CO.? ? ? ?? ? ? ?Unadjusted Trial Balance? ? ? ?? ? ? ?30-Jun-11? ? ? ?? ? ? ? ? ? ? ? ? ?? ? ? ? ? ? ?Unadjusted Trial? ?? ? ? ? ? ? ?Balance? ??No.?Account Title? ? ? ?Dr.?Cr.? ??101?Cash? ? ? ? ?$17,500 ? ? ??126?Supplies? ? ? ? ?8,900? ? ??128?Prepaid Insurance ? ? ? ?6,200? ? ??167?Equipment? ? ? ?131,000? ? ??168?Accumulated depreciation—-Equipment? ? ?$25,250 ? ??201?Accounts payable? ? ? ? ?5,800? ??203?Interest payable? ? ? ? ?0? ?? ?Utilities expense Payable? ? ? ? ? ??208?Rent payable? ? ? ? ?0? ??210?Wages payable? ? ? ? ?0? ??213?Property taxes payable? ? ? ?0? ??251?Long-Term notes payable? ? ? ?24,000? ??301?S. Adams, Capital? ? ? ? ?77,660? ??302?S. Adams, Withdrawals? ? ?30,000? ? ??401?Construction Fees earned? ? ? ?134,000? ??612?Depreciation expenses—-Equipment? ?0? ? ??623?Wages expense? ? ? ?45,860? ? ??633?Interest expense? ? ? ?2,640? ? ??637?Insurance expense? ? ? ?0??This document was truncated here because it was created in the Evaluation Mode.

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