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MR. R.P PHOTOGRAPHY TRIAL BALANCE JUNE 30, 2019 DATE DESCRIPTION P/ R DEBIT CREDIT 1...

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Accounting

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MR. R.P PHOTOGRAPHY TRIAL BALANCE JUNE 30, 2019 DATE DESCRIPTION P/ R DEBIT CREDIT 1 12 248 0 1 1240 2 1 0 0 4 8 0 0 60 000 - 3 4 3 5 5 6 6 Cash Account Receivable Supplies Prepaid Insurance Equipments Notes Payable Accounts Payable MR. R.P Photography, Capital MR. R.P Photography, Drawing Service Revenue Professional Fee Salaries & Wages transportation Expense Rent Expense Advertising Expense 20000 24700 4|0|0|0|0 7 8 9 10 8 1200 9 0 10 383 24 0 11 12 13 14 15 2600 4 0 0 11 12 13 14 4000 143 00 125440 15 16 125440 16 17 36 17 36 DATA NEEDED FOR YEAR-END ADJUSTMENTS ARE AS FOLLOWS: 1. Supplies on hand at December 31, P 1,500 2. Depreciation of equipment during the year P 7,500 3. Unearned service at December 31, P 15,000 4. Wages accrued but unpaid at December 31, P 1,500 5. unbilled insurance at december 31, P2,500 INSTRUCTION: 1. Journalize the adjusting entries required at December 31, 2019 2. Enter the trial balance on a worksheet and complete the worksheet 3. prepare an Income Statement and balance sheet for the end of the year

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