Dakota Services Co. offers cleaning services to business clients. The trial balance for Dakota Services Co. has been prepared on the end of period spreadsheet (work sheet) for the year ended July 31, 2008, shown below.
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Dakota Services Co. End of Period Spreadsheet (Work Sheet) |
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For the Year Ended July 31, 2008 |
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Unadjusted |
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Adjusted |
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Trial Balance |
Adjustments |
Trial Balance |
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Account Title |
Dr. |
Cr. |
Dr. |
Cr. |
Dr. |
Cr. |
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Cash |
4 |
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Accounts Receivable |
25 |
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Supplies |
4 |
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Prepaid Insurance |
6 |
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Land |
25 |
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Equipment |
16 |
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Accum. Depr.—Equipment |
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1 |
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Accounts Payable |
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13 |
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Wages Payable |
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0 |
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Christina Keene, Capital |
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56 |
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Christina Keene, Drawing |
4 |
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Fees Earned |
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30 |
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Wages Expense |
8 |
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Rent Expense |
4 |
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Insurance Expense |
0 |
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Utilities Expense |
3 |
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Depreciation Expense |
0 |
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Supplies Expense |
0 |
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Miscellaneous Expense |
1 |
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100 |
100 |
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The data for year end adjustments are as follows:
a. Fees earned, but not yet billed, $5.
b. Supplies on hand, $1.
c. Insurance premiums expired, $4.
d. Depreciation expense, $2.
e. Wages accrued, but not paid, $1.
Enter the adjustment data, and place the balances in the Adjusted Trial Balance columns.