1. General Journal J1
Date Particulars Ref. No. Debit Credit
31-Dec Supplies expense 2765
Supplies 2765
To record Supplies used
31-Dec Interest Expense 92.85
Interest Payable 92.85
To accrue interest on note payable
31-Dec Insurance Expense 925
Prepaid Insurance 925
To record insurance expired
31-Dec Unearned Revenue 5100
Service Revenue 5100
To record service revenue
31-Dec Depreciation Expense 1614.58
Accumulated Depreciation-Equipment 1614.58
To record six months Depreciation
31-Dec Utilities Expense 225
Utilities Payable 225
To make utilities expense due
31-Dec Prepaid Rent 575
Rent Expense 575
To record rent paid in advance

2. Akashdeep Singh
Student Number Id:
300734408
Assignment Number # 1
Professor: Mr. Abdul
Subject: Accounting 112

3. Account Name Adjusted Trial Balance Income Statement Balance Sheet
Debit Credit Debit Credit Debit Credit
Cash 7,250 2765
Accounts Receivable 7,450
Supplies 585
Prepaid Insurance 1295
Prepaid Rent 575
Equipment 46500
Accumulated Dep. 1615
Note payable 25000
Accounts payable 6415
Interest payable 34500
Unearned graphics fees 1400
J.bejar , Capital 250 28975
J.bejar , Drawings 17400 17400
Graphics fees earned 61,125 61125
Utilities expense 1615 1965
Insurance expense 925 925
Interest expense 250 250
Rent expense 3450 3450
Salaries expense 1965 38280
Supplies expense 2765
Depreciation expense 38,280 1615
Profit 11875 11875
Investment 34500
130,305 130,305 61125 61125 46375 46375
TOTAL

4. Account Name Adjusted Trial Balance Income Statement Balance Sheet
Debit Credit Debit Credit Debit Credit
Prepaid Rent 575
Accounts Receivable 7,450
Depreciation expense 38,280 1615
Prepaid Insurance 1295
Cash 7,250 2765
Equipment 46500
Accumulated Dep. 1615
Note payable 25000
Accounts payable 6415
Interest payable 34500
Unearned graphics 1400
fees
J.bejar , Capital 250 28975
J.bejar , Drawings 17400 17400
Graphics fees earned 61,125 61125
Utilities expense 1615 1965
Insurance expense 925 925
Interest expense 250 250
Rent expense 3450 3450
Salaries expense 1965 38280
Supplies expense 2765
Supplies 585
Profit 11875 11875
Investment 34500
TOTAL 130,305 130,305 61125 61125 46375 46375