PROBLEM 3-1A

(a)
Date
2014
June 30

Account Titles and Explanation

Ref.

Debit

Supplies Expense............................
Supplies
($2,000 $1,100)..................

631

900

30

Utilities Expense..............................
Accounts Payable...................

732
201

150

30

Insurance Expense..........................
Prepaid Insurance
($3,000 12 months)...........

722

250

30

Unearned Service Revenue.............

Service Revenue.....................

209
400

2,500

30

Salaries and Wages Expense..........

Salaries and Wages
Payable..................................

726

1,600

Depreciation Expense......................
Accumulated Depreciation
Equipment............................

711

Accounts Receivable.......................
Service Revenue.....................

112
400

30

30

126

J3
Credit

900

130

150

250

212

2,500

1,600
300

158

300
2,100

2,100

PROBLEM 3-1A (Continued)

(b)
Cash
Date
2014
June 30

Explanation
Balance

Accounts Receivable
Date
Explanation
2014
June 30 Balance
30 Adjusting
Supplies
Date
2014
June 30
30

Explanation
Balance
Adjusting

Prepaid Insurance
Date
Explanation
2014
June 30 Balance
30 Adjusting
Equipment
Date
Explanation
2014
June 30 Balance

Ref.

Debit

Credit

6,200

Ref.

J3

Ref.

Debit
2,100

Debit

No. 126
Balance

Credit
900

Debit

J3

Ref.

Credit

Credit
250

Debit

Credit

2,000
1,100
No. 130
Balance
3,000
2,750
No. 157
Balance
14,400

Accumulated DepreciationEquipment
Date
Explanation
Ref.

No. 112
Balance
6,000
8,100

J3

Ref.

No. 101
Balance

Debit

Credit

No. 158
Balance

2014
June 30 Adjusting
PROBLEM 3-1A (Continued)
Accounts Payable
Date
Explanation
2014
June 30 Balance
30 Adjusting

J3

Ref.

Debit

J3

300

300

Credit

No. 201
Balance

150

4,700
4,850

Unearned Service Revenue

Date
2014
June 30
30

Explanation
Balance
Adjusting

Salaries and Wages Payable

Date
Explanation
2014
June 30 Adjusting
Common Stock
Date
Explanation
2014
June 30 Balance
Service Revenue
Date
Explanation
2014
June 30 Balance
30 Adjusting
30 Adjusting

No. 209
Ref.

J3

Ref.

Debit
2,500

Debit

Credit

No. 212
Balance

1,600

1,600

Credit

No. 311
Balance

Debit

20,000

Ref.

J3
J3

Balance
4,000
1,500

J3

Ref.

Credit

Debit

Credit

No. 400
Balance

2,500
2,100

7,900
10,400
12,500

PROBLEM 3-1A (Continued)

Supplies Expense
Date
Explanation
2014
June 30 Adjusting
Depreciation Expense
Date
Explanation
2014
June 30 Adjusting
Insurance Expense
Date
Explanation
2014
June 30 Adjusting
Salaries and Wages Expense
Date
Explanation
2014
June 30 Balance
30 Adjusting
Rent Expense
Date
Explanation
2014
June 30 Balance
Utilities Expense
Date
Explanation
2014
June 30 Adjusting

Ref.

Debit

J3

900

900

Ref.

Debit

No. 711
Balance

J3

300

300

Ref.

Debit

No. 722
Balance

J3

250

250

Debit

No. 726
Balance

Ref.

J3

Ref.

Credit

No. 631
Balance

Credit

Credit

Credit

1,600

4,000
5,600

Debit

No. 729
Balance

Credit

1,000

Ref.

Debit

J3

150

Credit

No. 732
Balance
150

PROBLEM 3-1A (Continued)

(c)

CUONO COMPANY
Adjusted Trial Balance
June 30, 2014

Cash......................................................................
Accounts Receivable..........................................
Supplies................................................................
Prepaid Insurance...............................................
Equipment............................................................
Accumulated Depreciation
Equipment........................................................
Accounts Payable................................................
Unearned Service Revenue................................
Salaries and Wages Payable..............................
Common Stock....................................................
Service Revenue..................................................
Supplies Expense................................................
Depreciation Expense.........................................
Insurance Expense..............................................
Salaries and Wages Expense.............................
Rent Expense.......................................................
Utilities Expense..................................................

Debit
$6,200
8,100
1,100
2,750
14,400

900
300
250
5,600
1,000
150
$40,750

Credit

$ 300
4,850
1,500
1,600
20,000
12,500

$40,750