The adjusted trial balance shown below is for Miller Real Estate at the end of...
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Accounting
The adjusted trial balance shown below is for Miller Real Estate at the end of its reporting period 30 June 2021.
| Debit $ | Credit $ | |
| 100-Cash at bank | 20800 | |
| 101-Accounts receivable | 18800 | |
| 102-Office supplies | 1400 | |
| 103-Prepaid insurance | 5000 | |
| 104-Office equipment | 28000 | |
| 105-Accumulated depreciationoffice equipment | 9600 | |
| 200-Accounts payable | 11600 | |
| 201-Salaries payable | 2200 | |
| 202-Rent revenue received in advance | 1400 | |
| 300-Miller, Capital | 32400 | |
| 301-Miller, Drawings | 1200 |
|
| 400-Service revenue | 92800 | |
| 500-Salaries expense | 36200 | |
| 501-Office supplies expense | 3200 | |
| 502-Rent expense | 30000 | |
| 503-Insurance expense | 3000 | |
| 504-Depreciation expenseoffice equipment | 2400 | |
| 150000 | 15000 |
Prepare the closing entry for this adjusted trial balance given.
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