:confused: Ok I went through and did the ledger and came up with this trial balance

cash... 6695
accounts receivable... 1000
supplies... 1975
prepaid rent... 2475
prepaid insurance... 1800
office equipment... 9000
accounts payable... 900
unearned fees... 3500
common stock... 14950
dividends... 2100
fees earned... 6250
advertising expense... 225
utilities expense... 330

the cash, accounts receivable, supplies, prepaid rent, prepaid insurance, office equipment, dividends, advertising expense, and utility expense were all debit and accounts payable, unearned fees, common stock, and fees earned were all credited


this is the info needed to make an adjusted trial balance

a. Insurance expired during December is $150.
b. Supplies on hand on December 31 are valued at $1,320.
c. Depreciation of office equipment for December is $250.
d. Rent expired during December is $825.
e. Determined that company had performed $2,000 of the services for which it was paid on December 4th.

Can you please help me make an adjusted trial balance and an income statement.I need to at least know my adjusted trial balance is correct

Adjusting Journal Entries
A)
Dr. Insurance Expense 150
Cr. Prepaid Insurance 150

B)
Dr. Supplies Expense 655
Cr. Supplies 655
Calculation = 1975-1320

C)
Dr. Amortization Expense 250
Cr. Accumulated Amortization – Office Equipment 250

D)
Dr. Rent Expense 825
Cr. Prepaid Rent 825

E)
Dr. Unearned Revenue 2,000
Cr. Revenue 2,000

Adjusted trial balance:
cash... 6695
accounts receivable... 1000
supplies... 1320
prepaid rent... 1650
prepaid insurance... 1650
office equipment... 9000
accounts payable... 900
unearned fees... 1500
common stock... 14950
dividends 2100
fees earned 8250
advertising expense... 225
utilities expense... 330
insurance expense…150
supplies expense…655
amortization expense…250
accumulated amortization – office equipment….250
rent expense…825

Company XYZ
Income Statement
For the month ended December 31, 2005

Fees Earned (Revenue) 8,250

Expenses:
Advertising expense 225
Amortization expense 250
Insurance expense 150
Rent expense 825
Supplies expense 655
Utilities expense 330
TOTAL EXPENSES 2,435

NET INCOME 5,815

If you have any other questions regarding how I got the answers, please ask.