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Question 1: The unadjusted trial balance for Solid Systems as December 31 is provided on the trial balance tab.
Account Title
Debit
Credit
!Cash
$
14,255
!Supplies
6,200
!Prepaid Insurance
8,400
1 Equipment
36,400
!Accounts payable
14,200
!Unearned consulting revenue
9,000
ID. Kelley, Capital
38,000
3D. Kelley, Withdrawals
1,200
!Consulting revenue
8,800
!Rental revenue
400
!Salaries expense
2,040
!Rent expense
1,500
!Utilities expense
405
Total
70,400
Information for adjustments is as follows:
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