Adjustment data at August 31, 20X6, include the following:

a. Accrued advertising revenue at August 31, 2,200

b. Prepaid rent expired during the month. The unadjusted prepaid balance of 2,400 relates to the period August 20X6 through October 20X6.

c. Supplies used during August, 1,900

d. Depreciation on furniture for the month. The furnitures expected useful life is five years.

e. Accrued salary expense at August 31 for Monday, Tuesday, and Wednesday. The fiveday weekly payroll is 5,500 and will be paid on Friday

The requirement should be as follows: 1- Prepare adjusting entries 2- Prepare adjusted Trial balance 3- Prepare income statement, statement of changes in equity and Balance sheet.

A1 D Adjustments Debit Credit Adjusted Trial Balance Debit Credit Glasgow, Inc. Trial Balance Worksheet 1 August 31, 20X6 Z 3 Account 4 Cash 5 Accounts receivable 6 Prepaid rent 7 Supplies 8 Furniture 9 Accumulated depreciation 10 Accounts payable 11 Salary payable 12 Share capital 13 Retained earnings 14 Dividends 15 Service revenue 16 Salary expense 17 Rent expense 18 Utilities expense 19 Depreciation expense 20 Supplies expense 21 Total 22 Trial Balance Debit Credit 9,300 1,600 2,400 2,200 81,000 4,000 3,500 15,200 71,000 3,800 10,400 3,200 600 104,100 104,100