Pongky’s Sanitize Services Co.

Work Sheet
For the year Ended December 31,2008

Trial Balance Adjustments Adjusted Trial

Balance
Debit Credit Debit Credit Debit Credit
Cash 60,000
Accounts 250,000
receivable
Supplies 40,000
Prepaid 60,000
insurance
Land 100,000
Equipment 140,000
Accumulated 10,000
depreciation-
equipment
Accounts 130,000
payable
Wages 0
payable
Del Cee, 410,000
Capital
Del Cee, 40,000
Drawing
Fees earned 300,000
Wages 80,000
expense
Rent 40,000
expense
Insurance 0
expense
Utilities 20,000
expense
Depreciation 0
expense
supplies 0
expense
Miscellaneou 20,000
s expense
Total 850,000 850,000
a. Fees earned, but not yet billed, 40,000.
b. Supplies on hand, 20,000
c. Insurance premiums expired, 40,000
d. Depreciation expense, 20,000
e. Wages accrued, 20,000.
 Sweet Dreams Service Company
Work Sheet
December 31, 2008

Trial Balance Adjustments Adjusted

Cash 396,000
Accounts 740,000
receivable
Supplies 12,000
Furniture and 200,000
fixtures
Accumulated 80,000
depreciation –
furniture and
fixture
Building 500,000
Accumulated 260,000
depreciation –
building
Accounts 760,000
payable
Salary payable
Unearned 90,000
service revenue
Rene Santos, 586,000
Capital
Rene Santos, 130,000
Drawing
Service Revenue 572,000
Salary expense 344,000
Supplies
expense
Depreciation
expense –
furniture and
fixture
Depreciation
expense –
building
Miscellaneous 26,000
expense
total 2,348,000 2,348,000
a. Supplies on hand at year end, 4,000
b. Depreciation on furniture and fixture, 40,000
c. Depreciation on building, 20,000
d. Salaries owed but not yet paid, 10,000
e. Accrued services revenue, 24,000
f. Of the 90,000 balance of unearned service revenue, 64,000 was earned
during 2008.
 Trial Balance Adjustments Adjusted Trial
Balance
Debit Credit Debit Credit Debit Credit
Cash 60,000 60,000
Accounts 250,000 40,000 a. 290,000
receivable
Supplies 40,000 20,000 b. 20,000

Prepaid 60,000 40,000 20,000

insurance
Land 100,000 100,000
Equipment 140,000 140,000
Accumulated 10,000 20,000 d. 30,000
depreciation-
equipment
Accounts 130,000 130,000
payable
Wages 0 20,000 e. 20,000
payable
Del Cee, 410,000 410,000
Capital
Del Cee, 40,000 40,000
Drawing
Fees earned 300,000 40,000 a. 340,000
Wages 80,000 20,000 e. 100,000
expense
Rent 40,000 40,000
expense
Insurance 0 40,000 c. 40,000
expense
Utilities 20,000 20,000
expense
Depreciation 0 20,000 d.
expense
supplies 0 20,000
expense
Miscellaneou 20,000 20,000
s expense
Total 850,000 850,000 140,000 140,000 930,000 930,000
 Trial Balance Adjustments Adjusted
Cash 396,000 396,000
Accounts 740,000 74,000 764,000
receivable e
Supplies 12,000 8,000 a 4,000
Furniture and 200,000 200,000
fixtures
Accumulated 80,000 40,000 120,000
depreciation – b
furniture and
fixture
Building 500,000 500,000
Accumulated 260,000 20,000 280,000
depreciation – c
building
Accounts 760,000 760,000
payable
Salary payable 10,000 10,000
d
Unearned 90,000 64,000 f 26,000
service revenue
Rene Santos, 586,000 586,000
Capital
Rene Santos, 130,000 130,000
Drawing
Service 572,000 24,000 660,000
Revenue e
64,000 f
Salary expense 344,000 10,000 354,000
d
Supplies 8,000 a 8,0000
expense
Depreciation 40,000 40,000
expense – b
furniture and
fixture
Depreciation 20,000 20,000
expense – c
building
Miscellaneous 26,000 26,000
expense
total 2,348,000 2,348,000 166,000 166,000 2,442,0 2,442,0
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