Trial Balance Adjustment Adjusted Trial Balance

Debit Credit Debit Credit Debit Credit

cash 15,800 15,800
A/R 2,100 3,200 5,300
Unexpired insurance 3,200 400 2,800
Prepaid rent 6,000 1,500 4,500
Sheet music supplies 450 250 200
Music Equipment 180,000 180,000
Accu dep music eqiup 72,000 3,000 75,000
A/P 3,500 3,500
N/P 5,000 5,000
Divident Payable 1,000 1,000
Interest payable 25 25 50
Income tax payable 3,400 8,155 11,555
Unearned lesson revenue 1,100 800 300
Capital Stock 20,000 20,000
Retaining Earning 56,600 56,600
Dividend 1,000 1,000
Lesson Revenue earned 154,375 4,000 158,375
Advertising Expense 7,400 7,400
insurance Expence 4,400 400 4,800
Rent Expence 16,500 1,500 18,000
Sheet music supplies expense 780 250 1,030
Utilities Expense 5,000 5,000
Dep expense music equip 33,000 3,000 36,000
Salaries expense 27,500 3,500 31,000
interest expense 25 25 50
Income tax expense 8,155 8,155
salariespayable 3,500 3,500
303,155 317,000 20,830 20,830 321,035 334,880

13,845