Business
Business, 28.09.2021 03:10, nia3378

Last Chance Company offers legal consulting advice to prison inmates. Last Chance Company prepared the end-of-period spreadsheet that follows at June 30, 2019, the end of the fiscal year: Last Chance Company

End-of-Period Spreadsheet

For the Year Ended June 30, 2019

Unadjusted Adjusted

Trial Balance Adjustments Trial Balance

Account Title Dr. Cr. Dr. Cr. Dr. Cr.

Cash 5,100 5,100

Accounts Receivable 22,750 (a) 3,750 26,500

Prepaid Insurance 3,600 (b) 1,300 2,300

Supplies 2,025 (c) 1,500 525

Land 80,000 80,000

Building 340,000 340,000

Accum. Depr.—Building 190,000 (d) 3,000 193,000

Equipment 140,000 140,000

Accum. Depr.—Equipment 54,450 (e) 4,550 59,000

Accounts Payable 9,750 9,750

Salaries & Wages Payable (f) 1,900 1,900

Unearned Rent 4,500 (g) 3,000 1,500

Tami Garrigan, Capital 361,300 361,300

Tami Garrigan, Drawing 20,000 20,000

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