As the bookkeeper of Pete€™s Plowing of Fredericton, you have been asked to complete the entire accounting cycle for Pete from the following information

Adjustment Data
a. Snow supplies on hand, $400
b. Rent expired, $600 Check Figure Net Income $15,780
c. Amortization on office equipment, $120

d. Amortization on snow equipment,

e. Accrued salaries, $190

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2012 Jan. 3 Pete invested $7,000 cash and $6,000 worth of snow equip ment in the plowing company. Paid rent in advance for garage space, $2,000. 5 Purchased office equipment on account from Ling Corp. $7,200. 3 6 Purchased snow supplies for $700 cash. 9 Collected $15,000 from plowing local shopping centres 12 Pete Mack withdrew $1,000 from the business for personal use. Plowed North East Co. parking lots, payment not to be received until March, $5,000. Paid salaries to employees, $1,800. Paid Ling Corp. one-half amount owed for office equipment. Advertising bill was received from Bush Co. but will not be paid until March, $900 20 26 27 30 31 Paid telephone bill, $210 (S7,2005y1,440 s 12 mo $100 ($6,0005 y$1,200 12 mo. POTTER CLEANING SERVICE WORKSHEET FOR MONTH ENDED MARCH 31, 2013 Trial Balance Cr Adjusted Trial Balance Income Statement Adjustments Dr. Balance Sheet Cr. Account Titles Dr. Cash Prepaid Insurance Cleaning Supplies 40000 5 2000 4400 27 2000 40000 34000 4400 272000 40000 34000 44 00 27 2000 A) 1 80 00 (B) 10000 Accum. Amortization, Auto Accounts Payable B. Potter, Capital B. Potter, Withdrawals Cleaning Fees Salaries Expense (C) 15000 86000 22400 54000 101000 22 400 54 000 01000 22400 54000 46000 46000 46 8000 4 68000 468000 44000 2 6400 19600 16000 63 0400 6000 160000 26400 19 600 16000 160000 2 64 00 19600 16 000 Advertising Expense Gas Expense 630400 Insurance Expense Cleaning Supplies Expense Amortization Expense, Auto (A) 18000 (B) 10000 (C) 15 000 8000 10000 15000 1 000 10.000 5 000 Accrued Salaries 16000 59000 59000 661400 66140026 5000 6 8000 39 6400 193400 203000 46 8000 468000 396400 396400 (D) 16 000 16000 Net Income 203000 Pete's Plowing Chart of Accounts Assets 111 Cash 112 Accounts Receivable 114 Prepaid Rent 115 Snow Supplies 121 Office Equipment 122 Accumulated Amortization, Owner's Equity 311 Pete Mack, Capital 312 Pete Mack, Withdrawals 313 Income Summary Revenue 411 Plowing Fees Office Equipment 123 Snow Equipment 124 Accumulated Amortization, Expenses 511 Salaries Expense 512 Advertising Expense 513 Telephone Expense 514 Rent Expense 515 Snow Supplies Expense 516 Amortization Expense, Snow Equipment Liabilities 211 Accounts Payable 212 Accrued Salaries Office Equipment 517 Amortization Expense, now