Question

Data Table More Info a. Office Supplies on hand at year-end, S300 Time Change Employment Services Unadjusted Trial Balance December 31, 2018 b. Depreciation on furniture, $7,000 c. Depreciation on building, 55,500. d. Salaries owed but not yet paid, $600. e. Accrued service revenue, 5900 f. $4.000 of the unearned revenue has been earned. Balance Account Title Cash Accounts Receivable Office Supplies Land Building Accumulated Depreciation-Building Furniture Accumulated Depreciation-Furniture Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Building Depreciation Expense-Furniture Advertising Expense Total Debit Credit 5 14,000 16,000 700 50,000 140,000 90,000 19,000 10,000 3,500 14,000 99,200 23,000 69,000 21,000 2,000 5 285,700 285,700

Requirement 2. The accounts listed in the unadjusted trial​ balance, together with their unadjusted balances as of  

December 31, 2018 have been opened for you in​ T-account form. Post the adjusting entries to​ T-accounts using the adjustment letters​ (a, b,​ c, etc.) as posting references. Determine the ending balances for all​ T-accounts (including any that may not be affected by any of the adjusting​ entries) on December 31​, 2018.

Calculate each accounts balance and enter the​ balance, along with a​ "Bal." reference on the appropriate side of each​ T-account. ​(Abbreviation used: Depr.​ = Depreciation.)

In Addition to the T-accounts Also  Prepare an adjusted trial balance. and

Prepare a partial worksheet including the account​ names, unadjusted trial​ balance, adjustments, and adjusted trial balance.

The account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns. Complete the Adjustments columns by using the letters a through f to label the six adjustments.

Answer 1

Time Change Employment Services
Account Titles	Unadjusted Trial Balance		Adjustments		Adjusted Trial Balance
	Debit	Credit	Debit	Credit	Debit	Credit
Cash	14,000		0		14,000
Accounts Receivable	16,000		e.		16,900
Office Supplies	700			a.	300
Land	50,000		0		50,000
Building	140,000		0		140,000
Accumulated Depreciation : Building		90,000		c.		95,500
Furniture	19,000		0		19,000
Accumulated Depreciation : Furniture		10,000		b.		17,000
Accounts Payable		3,500		0		3,500
Salaries Payable		0		d.		600
Unearned Revenue		14,000	f.			10,000
Common Stock		99,200			0	99,200
Dividends	23,000		0		23,000
Service Revenue		69,000		e., f.		73,900
Salaries Expense	21,000		d.		21,600
Supplies Expense	0		a.		400
Depreciation Expense: Buildings	0		c.		5,500
Depreciation Expense: Furniture	0		b.		7,000
Advertising Expense	2,000		0		2,000
Totals	285,700	285,700	18,400	18,400	299,700	299,700