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The trial balances shown on page 208 are before and after adjustment for Amit Company at the end of its fiscal year.
AMIT COMPANY Trial Balance August 31, 2012
Before Adjustment
After Adjustment
Dr.
Cr.
Cash
$10900
Accounts Receivable
8800
9400
Supplies
2500
500
Prepaid Insurance
4000
Equipment
16000
Accumulated Depreciation-Equipment
$3600
$4800
Accounts Payable
5800
Salaries and Wages Payable
0
1100
Unearned Rent Revenue
1800
800
Common Stock
10000
Retained Earnings
5500
Dividends
2800
Service Revenue
34000
34600
Rent Revenue
12100
13100
Salaries and Wages Expense
17000
18100
Supplies Expense
2000
Rent Expense
10800
Insurance Expense
1500
Depreciation Expense
1200
$72800
$75700
Instructions
Prepare the adjusting entries that were made.
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