[bodemicronelosn]

Please guys I need help in solving the following I will really appreciate it I was able to balance the trial balance but unable to balance the adjusting trial balance

1. Blum Services has the following unadjusted balances at year-end.
Cash $12,900
Prepaid insurance 2,000
Office supplies 1,300
Office equipment 10,500
Accumulated depreciation ðD office equipment 3,500
Accounts payable 2,900
Salaries payable -0-
Unearned service revenue 4,500
Jackie Blum, capital 11,750
Jackie Blum, withdrawals 5,600
Service revenue 13,350
Salary expense 3,700
Depreciation expense -0-
Supplies expense -0-
Insurance expense -0-
The following information is available to use in making adjusting entries.
a. Office supplies on hand are year-end - $250
b. Prepaid insurance expired during the year - $325
c. Unearned service revenue at year-end - $2,500
d. Depreciation expense for the year - $1,800
e. Accrued salaries at year-end - $900
Using the work sheet below, prepare the trial balance, the adjustments and the adjusted trial balance for Blum Services.
Blum Services
Work Sheet
December 31, 2009
Accounts Trial Balance Adjustments Adjusted TrialBalance
Debit Credit Debit Credit Debit Credit
Cash
Prepaid Insurance
Office Supplies
Office equipment
Accumulated depreciation
Accounts payable
Salaries payable
Unearned service revenue
Jackie Blum, capital
Jackie Blum, withdrawals
Service revenue
Salaries expense
Depreciation expense
Supplies expense
Insurance expense
Totals

2. Prepare year-end adjusting entries for the following items.
a. Prepaid rent expired - $1,000
b. Supplies used - $2,000
c. Unpaid salaries - $3,000
d. Unearned service revenue now earned - $4,000
e. Services completed and billed - $5,000
f. Depreciation on equipment - $6,000

[morgaine300]

First, you need to submit what you did with the adjusting entries and the adjusted trial balance numbers so we can look at what went wrong. (As opposed to just telling you what to do, since we aren't here to do your work for you.) Also, I do not understand why you seem to have two sets of adjusting entries?

Just as a note, since the adjusted trial balance doesn't balance, one of your adjusting entries doesn't balance, or you made an error in going to the adjusted trial balance, like copying something wrong, wrong side, added wrong, etc. See if your adjustments balance first. If not, then find what doesn't balance in there and start with that. If that balances, then it's in the math in going from unadjusted to adjusted.

[bodemicronelosn]

please guys i need help in solving the following i will really appreciate it i was able to balance the trial balance but unable to balance the adjusting trial balance

1. Blum Services has the following unadjusted balances at year-end.
Cash $12,900
Prepaid insurance 2,000
Office supplies 1,300
Office equipment 10,500
Accumulated depreciation ðD office equipment 3,500
Accounts payable 2,900
Salaries payable -0-
Unearned service revenue 4,500
Jackie Blum, capital 11,750
Jackie Blum, withdrawals 5,600
Service revenue 13,350
Salary expense 3,700
Depreciation expense -0-
Supplies expense -0-
Insurance expense -0-
The following information is available to use in making adjusting entries.
a. Office supplies on hand are year-end - $250
b. Prepaid insurance expired during the year - $325
c. Unearned service revenue at year-end - $2,500
d. Depreciation expense for the year - $1,800
e. Accrued salaries at year-end - $900
Using the work sheet below, prepare the trial balance, the adjustments and the adjusted trial balance for Blum Services.
Blum Services
Work Sheet
December 31, 2009
Accounts Trial Balance Adjustments Adjusted TrialBalance
Debit Credit Debit Credit Debit Credit
Cash
Prepaid Insurance
Office Supplies
Office equipment
Accumulated depreciation
Accounts payable
Salaries payable
Unearned service revenue
Jackie Blum, capital
Jackie Blum, withdrawals
Service revenue
Salaries expense
Depreciation expense
Supplies expense
Insurance expense
Totals

2. Prepare year-end adjusting entries for the following items.
a. Prepaid rent expired - $1,000
b. Supplies used - $2,000
c. Unpaid salaries - $3,000
d. Unearned service revenue now earned - $4,000
e. Services completed and billed - $5,000
f. Depreciation on equipment - $6,000

Thanks guys I had figured it out