Dr. Cr.
Cash 1940
Accounts Receivable 1575
Supplies 1740
Prepaid Rent 2900
Equipment 16500
Accounts Payable 1000
Joe Hurt Capital 21650
Joe Hurt Drawing 2500
Rental Income 7125
Salaries Expense 1800
Utilities Expense 540
Miscellaneous Expense 280
29775 29775
Listed below are the end of the month adjustments:
(a) Inventory of supplies at end of month $975
(b) Rent for the month $900
(c) Depreciation expense for month $500
(d) Salaries Payable $200
Prepare an adjusted trial balance and make the necessary adjusting entries.