Unadjusted Trial Balance Adjustments Adjusted balances

Dr Cr Dr Cr Dr
A/R 12 12
Cash 21 21
Equipment 39 39
Assets
Accumulated Depp 15 3
Supplies 24 9 15
Prepaid insurance 18 15 3
A/P 6
Liability Unearned Revenue 12 12
Accrued Salaries 6
Salaries 18 6 24
Depp expense 3 3
Expenses Supplies expense 9 9
Insurance Expense 15 15
Utilities Expense 12 12
Revenue Revenue 75 12
Common Stock 10
Equity
Retained Earnings 32
Dividends Dividends 6 6
150 150 45 45 159
 PL statement
Adjusted balances Salaries 24
Cr Depp expense 3
Expenses Supplies expense 9
Insurance 15
Utilities Expense 12
18 Revenue Revenue 87
Profit 24

6
Balance sheet
6 A/R 12 0
Cash 21 0
Equipment 39 0
Assets
Accumulated Depp 0 18
Supplies 15 0
Prepaid insurance 3 0
87 Total Assets 72
10 A/P 6
32 Liability Unearned Revenue 0
Accrued Salaries 6
159 Total liability 12
Common Stock 10
Equity
Retained Earnings 32
Dividends Dividends 6
Total Equity 36
L+E+profit 72