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Homework answers / question archive / The adjusted trial balance of Ryan Financial Planners appears below
The adjusted trial balance of Ryan Financial Planners appears below. Using the information from the adjusted trial balance, you are to prepare for the month ending December 31:
RYAN FINANCIAL PLANNERS
Adjusted Trial Balance December 31, 2012
Debit Credit
|
Cash |
$4,400 |
||
|
Accounts Receivable.......................................................................... |
2,200 |
|
|
|
Office Supplies................................................................................... |
1,800 |
|
|
|
Office Equipment............................................................................... |
15,000 |
|
|
|
Accumulated Depreciation—Office Equipment................................ |
|
$4,000 |
|
|
Accounts Payable............................................................................... |
|
3,800 |
|
|
Unearned Revenue............................................................................. |
|
5,000 |
|
|
Share Capital–Ordinary..................................................................... |
|
10,000 |
|
|
Retained Earnings (1 Dec)................................................................. |
|
4,400 |
|
|
Dividends .......................................................................................... |
2,500 |
|
|
|
Service Revenue................................................................................. |
|
3,700 |
|
|
Office Supplies Expense.................................................................... |
600 |
|
|
|
Depreciation Expense........................................................................ |
2,500 |
|
|
|
Rent Expense..................................................................................... |
1,900 |
|
|
|
|
$30,900 |
$30,900 |
|
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