Sawyer Tax Service
Trial Balance
December 31, 19xx
$ $
Cash 1,628
Accounts Receivable 986
Prepaid Insurance 240
Office Supplies 782
Office Equipment 4,100
Accumulated Depreciation, Office Equipment 210
Copier 2,800
Accumulated Depreciation, Copier 360
Accounts Payable 635
Unearned Tax Fees 219
Dorothy, Sawyer, Capital 5,394
Dorothy, Sawyer, Withdrawals 6,000
Fees Revenue 21,286
Offices Salaries Expense 8,300
Advertising Expense 650
Rent Expense 2,400
Telephone Expense 218
28,104 28,104
Dorothy Sawyer made no investments in her business during the
year. The following information was
also available:
a. Supplies on hand, December 31, 19xx, were $212.
b. Insurance still unexpired amounted to $120
c. Estimated depreciation of office equipment was $210.
d. Estimated depreciation of copier was $360.
e. The telephone expense for December is $19. This bill has
been received but not recorded.
f. The services for all unearned tax fees had been performed
by the end of the year.
Required
1. Open T accounts for the accounts of the trial balance plus
the following: insurance Expense;
Office Supplies Expense; Depreciation Expense, Office
Equipment; Depreciation Expense, Copier.
Record the balances as shown in the trial balance.