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Prepare the Adjusted Trial Balance

Accounts Payable 65,340

Accounts Receivable 190,300

Accumulated Depreciation (Building) 5,400

Accumulated Depreciation (Equipment 29,359

Accumulated other comprehensive income 15,000

Additional Paid in Capital Treasury Stock 21,000

Advertising Expense 8,400

Allowance for Doubtful Accounts 25,000

Bad Debt Expense 25,000

Bonds Interest Expense 43,088

Bonds Payable - $1,600,000

Building 150,000

Cash 1,270,676

Common Stock 101,000

Depreciation Expense 33,759

Dividends 41,000

Employee Compensation Expense 10,000

Employee stock option outstanding account 10,000

Equipment 50,000

Fair value adjustment (Trading) (8,000)

Income Taxes Expense 63,800

Income Taxes Payable 63,800

Insurance Expense 82,000

Interest Expense 1,175

Interest Income 19,561

Interest Receivable 16,000

Inventory 0

Investment in Bonds of Intuit Corp 200,000

Investment in Bonds of Intuit Corp (Discount) 18,615

Land 75,000

Lease Equipment 43,796

Lease Liability 33,293

LT (Debt) investments (HTM) 177,824

Notes Payable 236,175

Office Expense 21,700

Patent 37,500

Pension Expense 40,000

Pensions-related asset 10,000

PIC in Excess of Par Common Stock - 33,000

Premium on Bonds Payable 118,630

Prepaid Insurance 17,400

Purchases - $350,000

Rent Revenue 12,000

Retained Earnings 0

Sales Revenue 792,845

Short term Investments 167,000

12/31/14	Adjusting Journal Entries
JE #	Account Titles		Debits	Credits
1	Insurance Expense		8,200
		Prepaid Insurance		8,200
2	Depreciation Expense		2,400
		Accumulated Depreciation - Building		400
		Accumulated Depreciation - Equipment		2,000
3	Unearned Rent Revenue		12,000
		Rent Revenue		12,000
4	Wages Expense		12,750
		Wages Payable		12,750
5	Interest Expense		1,175
		Notes Payable		1,175
6	No journal entry required
7	No journal entry required
8	Cash		70,000
		Treasury Stock		49,000
		Additional Paid in Capital - Treasury Stock		21,000
9	Cash		35,000
		Common Stock		15,000
		Paid in capital in excess of par - Common Stock		20,000
10	Cash		861,771
		Bonds Payable		800,000
		Premium on Bonds Payable		61,771
	Bonds Interest Expense		43,088
	Premium on Bonds Payable		4,912
		Cash		48,000
11	Unrealized Holding Gain and Loss		8,000
		Securities Fair Value Adjustment - Trading		8,000
12	Investment in Bonds of Intuit Corp		200,000
		Cash		177,824
		Investment in Bonds of Intuit Corp - Discount Bonds		22,176
	Interest Receivable		16,000
	Investment in Bonds of Intuit Corp - Discount Bonds		3,561
		Interest Income		19,561
13	Bad Debt Expense		25,000
		Allowance for Doubtful Acounts		25,000
14	Lease Equipment		43,796
		Lease Liability		43,796
	Lease Liability		10,503
		Cash		10,503
	Depreciation Expense		7,359
		Accumulated Depreciation: Equipment		7,359
15	Pension Expense		40,000
	Pension-related asset		10,000
		Accumulated other comprehensive income		15,000
		Cash		35,000
16	Employee Compensation Expense		10,000
		Employee Stock option outstanding account		10,000

Treasury Stock 0

Unearned Rent Revenue 24,000

Unrealized Holding Gains and Loss 8,000

Utilities Expense 31,000

Wages Expense 80,350

Wages Payable 12,000

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