Netsolutions- Work sheet -Two Months Ended 12/31/02 Trial Balance Adjustments Adj. Trial Balance Account Debit Credit Debit CreditDebitCredit 1 Cash 2.065 2,065 2 Accounts receivable 2.220 (e)500 2,720 14 Supplies 2,0 a)1,240 760 15 Prepaid Insurance 2,400 (b)1002:00 17 Land 20,000 20,000 18 Office Equipment 1800 1.800 19 Accumulated Depr. 0 (f50 50 21 Accounts Payable 900 900 22 Wages Payable 0 d)250 250 23 Unearned rent 360(c)120 240 31 Capital Stock 25,00 25,000 33 Dividends 4,000 4000 41 Fees earned 16.340 (e)500 16840 42 Rent revenue 0 (c)120 120 51 Wages Expense 4,275 (d)250 4.525 53 Depreciation Expense/1, 600 52 Rent Expense 1,600 0 _(n50 50 54 Utilities Expense 985 985 55 Supplies Expense 800 (a)1,240 2.040 56 Insurance Expense 0 (b)100 100 59 Misc. Expense 455 455 4260042600226022604340043400Trial Balance Adjustments Adj. Trial Balance NetSolutions - Work Sheet - Two Months Ended 12/31/02 Account Debit Credit Debit Credit Debit Credit 11 Cash 2,065 2,065 12 Accounts Receivable 2,220 (e) 500 2,720 14 Supplies 2,000 (a) 1,240 760 15 Prepaid Insurance 2,400 (b) 100 2,300 17 Land 20,000 20,000 18 Office Equipment 1,800 1,800 19 Accumulated Depr. 0 (f) 50 50 21 Accounts Payable 900 900 22 Wages Payable 0 (d) 250 250 23 Unearned Rent 360 (c) 120 240 31 Capital Stock 25,000 25,000 33 Dividends 4,000 4,000 41 Fees Earned 16,340 (e) 500 16,840 42 Rent Revenue 0 (c) 120 120 51 Wages Expense 4,275 (d) 250 4,525 52 Rent Expense 1,600 1,600 53 Depreciation Expense 0 (f) 50 50 54 Utilities Expense 985 985 55 Supplies Expense 800 (a) 1,240 2,040 56 Insurance Expense 0 (b) 100 100 59 Misc. Expense 455 455 42,600 42,600 2,260 2,260 43,400 43,400