Additional information:

a. Annual depreciation of the equipment; $11,500.

b. $12,000 of the Prepaid Insurance balance has expired.

c. Unbilled and unrecorded revenues at year-end totalled $31,000.

Required

Referring to Exhibit 3.22, use the information provided to complete the columns.

Exhibit 3.22

Transcribed Image Text:

Nuna Music Trial Balances.xlsx Page Layout Formulas Нome Insert Data Review View P18 Nuna Music Trial Balances February 28, 2020 Unadjusted Adjusted 4 Trial Balance Adjustments Trial Balance Dr. Cr. Dr. Cr. Dr. Cr. $ 14,000 7 Cash 8 Accounts receivable 9 Prepaid insurance 10 Equipment 11 Accumulated depreciation, equipment 12 Accounts payable 13 Abraham Nuna, capital 14 Abraham Nuna, withdrawals 15 Revenues 16 Depreciation expense, equipment 17 Salaries expense 32,000 16,800 102,000 $ 23,000 19,000 213,000 102,000 214,000 -0- 187,700 18 Insurance expense 14,500 $ 469,000 $ 469,000 19 Totals Organico Trial Balances.xlsx Ноme Insert Page Layout Formulas Data Review View P18 A. в Organico Trial Balances 3 March 31, 2020 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Dr. Cr. Dr. Cr. Dr. Cr. 7 Cash $ 8,070 $ 8,070 1,800 8 Accounts receivable (g) $1,800 9 Supplies 3,600 (b) $1,050 2,550 2,300 10 Prepaid insurance 11 Equipment 12 Accumulated depreciation, equipment 13 Accounts payable 14 Interest payable 2,400 (a) 100 6,000 6,000 (c) 200 2$ 200 2$ 200 200 (e) 35 35 15 Salaries payable (f) 140 350 16 Unearned food services revenue 250 2,750 6,000 3,000 (d) 17 Notes payable 6,000 | 18 Hailey Walker, capital |19 Hailey Walker, withdrawals 20 Food services revenue 10,000 10,000 600 600 3,800 5,850 s(d) lig) 1,800 250 21 Teaching revenue 22 Depreciation expense, equipment 23 Salaries expense 24 Interest expense 25 Insurance expense 300 300 (c) 200 200 1,400 (f) 140 1,540 (e) 35 35 (a) 100 100 26 Rent expense 27 Supplies expense 28 Utilities expense 1,000 1,000 (b) 1,050 1,050 230 230 29 Totals $23,300 $23,300 $3,575 $3,575 $25,475 $25,475