Trial Balance

No. Account Title Debit Credit

110 Cash 156,000
120 Accounts Receivable 545,000
130 Prepaid Rent 240,000
140 Office Supplies 63,000
150 Furniture and Fixtures 1,050,000
155 Accumulated Depreciation 135,000
210 Notes Payable 40,000
220 Accounts Payable 285,000
230 Salaries Payable
240 Interest Payable
310 Masayahin, Capital 500,000
320 Masayahin, Withdrawals 200,000
410 Service Revenues 3,062,000
510 Salaries Expense 1,675,000
520 Rent Expense
530 Office Supplies Expense
540 Depreciation Expense
550 Interest Expense
560 Miscellaneous Expense 93,000 __________
Totals 4,022,000 4,022,000

a. Rent Expense 160,000

Prepaid Rent 160,000
(P 240,000/ 6months x 4 months)

b. Office Supplies Expense 48,000

Office Supplies 48,000
(P 63,000-15,000)

c. Depreciation Expense 80,000

Accumulated Depreciation 80,000
d. Salaries Expense 150,000
Salaries Payable 150,000

e. Interest Expense 2,000

Interest Payable 2,000
(P 40,000 x 15% x
4months/12 months)
 Rubilyn Masayahin Agency
Worksheet
For the year ended December 31, 20x8

Adjustments Adjusted Trial Balance Statement of Financial Performance

Debit Credit Debit Credit Debit
ement of Financial Performance Statement of Financial Position
Credit Debit Credit
 Rubilyn Masayahin Agency
Worksheet
For the year ended December 31, 20x8

Trial Balance
No. Account Title Debit Credit
110 Cash 156,000
120 Accounts Receivable 545,000
130 Prepaid Rent 240,000 a.
140 Office Supplies 63,000 b.
150 Furniture and Fixtures 1,050,000
155 Accumulated Depreciation 135,000 c.
210 Notes Payable 40,000
220 Accounts Payable 285,000
230 Salaries Payable d.
240 Interest Payable e.
310 Masayahin, Capital 500,000
320 Masayahin, Withdrawals 200,000
410 Service Revenues 3,062,000
510 Salaries Expense 1,675,000 d.
520 Rent Expense a.
530 Office Supplies Expense b.
540 Depreciation Expense c.
550 Interest Expense e.
560 Miscellaneous Expense 93,000 __________
Totals 4,022,000 4,022,000

a. Rent Expense 160,000

Prepaid Rent 160,000
(P 240,000/ 6months x 4 months)

b. Office Supplies Expense 48,000

Office Supplies 48,000
(P 63,000-15,000)

c. Depreciation Expense 80,000

Accumulated Depreciation 80,000
d. Salaries Expense 150,000
Salaries Payable 150,000

e. Interest Expense 2,000

Interest Payable 2,000
(P 40,000 x 15% x
4months/12 months)
 Adjustments Adjusted Trial Balance Statement of Financial Performance
Debit Credit Debit Credit Debit
156,000
545,000
160,000 80,000
48,000 15,000
1,050,000
80,000 215,000
40,000
285,000
150,000 150,000
2,000 2,000
500,000
200,000
3,062,000
150,000 1,825,000
160,000 160,000
48,000 48,000
80,000 80,000
2,000 2,000
_________ ________
93,000
440,000 440,000 4,254,000 4,254,000
ement of Financial Performance Statement of Financial Position
Credit Debit Credit