First Class Maids Company, the cleaning service, started the preparation of its adjusted trial balance as follows:

During the 12 months ended December 31, 2012, First Class Maids
a. Used supplies of $1,800.
b. Used up prepaid insurance of $620.
c. Used up $460 of the equipment through depreciation.
d. Accrued salary expense of $310 that First Class Maids hasn€™t paid yet.
e. Earned $360 of the unearned service revenue.

Requirement
1. Prepare an adjusted trial balance. Use Exhibit 3-8 as a guide. Key each adjustment byletter.

FIRST CLASS MAIDS COMPANY Preparation of Adjusted Trial Balance December 31, 2012 Trial Balance Debit Credit Account $ 700 3,000 800 29,000 Cash Supplies Prepaid insurance Equipment Accumulated depreciation Accounts payable Salary payable Unearned service revenue Molly, capital Molly, drawing Service revenue Salary expense Supplies expense S 7,000 2,800 500 7,200 3,000 25,000 6,000 expens Insurance expense Total $42,500 $42,500