Problem 4-5A - Construction Fees Earned 134,000 134,000...

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Name Maria B Vazquez Worksheet Adams Construction Co. Work Sheet ForJune 30, 2005 Unadjusted Adjusted Statement of Trial Balance Adjustments Trial Balance Income Statement Owner's Equity No Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. 101 Cash 17,500 17,500 17,500 126 Supplies 8,900 5,700 3,200 3,200 128 Prepaid insurance 6,200 3,900 2,300 2,300 167 Equipment 131,000 131,000 131,000 168 Accumulated depreciation—Equip. 25,250 8,500 33,750 33,750 201 Accounts payable 5,800 550 6,350 6,350 203 Interest Payable 0 240 240 240 206 Rent Payable 0 200 200 200 210 Wages Payable 0 1,600 1,600 1,600 213 Property taxes Payable 0 900 900 900 251 Long Term Notes Payable 24,000 24,000 24,000 301 S. Adams Capitol 77,660 77,660 77,660 302 S, Adams Withdrawals 30,000 30,000 30,000 401
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Unformatted text preview: Construction Fees Earned 134,000 134,000 134,000 612 Depreciation expenseEquip. 8,500 8,500 8,500 623 Wages Expense 45,860 1,600 47,460 47,460 633 Interest Expense 2,640 240 2,880 2,880 637 Insurance Expense 3,900 3,900 3,900 640 Rent expense 13,200 200 13,400 13,400 652 Supplies expense 5,700 5,700 5,700 683 Property Taxes Expense 4,600 900 5,500 5,500 684 Repairs Expense 2,810 2,810 2,810 690 Utilities expense 4,000 550 4,550 4,550 Totals 266,710 266,710 21,590 21,590 278,700 278,700 94,700 134,000 184,000 144,700 Net Income 39,300 39,300 Totals 134,000 134,000 184,000 184,000...
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