Adjustments Zig Zag Robotics Spreadsheet September 30, 2018 Unadjusted Trial Balance DR CR $3,000 950 830 5.500 Adjusted Trial Balance DR CR DR CR Account Title Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Revenue Rizzo, Capital Rizzo, Withdrawals Service Revenue Salaries Expense $1,800 1,250 1,700 4,030 500 4.200 2,200 AP-12A LO 3 4 5 6 7 Zig Zag Robotics has the following adjustments to make at the end of September 2018, the end of its fiscal year. Total $12.980 $12.980 > b) Journalize the adjustments. Date Account Title and Explanation PR Debit Credit Sep 30 Sep 30 Sep 30 Sep 30 Unearned revenue of $850 has now been earned A count of the office supplies shows that $430 worth of supplies still remains on hand Salaries accrued but not yet paid amount to $2,430 Monthly depreciation on equipment was $600 The chart of accounts is shown below. Account Description Account # Account Description Account # ASSETS 101 OWNER'S EQUITY Rizzo, Capital Rizzo, Withdrawals 300 105 310 Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation-Equipment 110 120 REVENUE Service Revenue 130 400 200 530 LIABILITIES Accounts Payable Unearned Revenue Salaries Payable EXPENSES Salaries Expense Depreciation Expense Supplies Expense 210 535 220 540 Worksheet September 30, 2018 Account: Accumulated Depreciation Date: 2018 Description 9/1/18 Opening Balance GL No: 130 Balance (DR or CR) PR DR CR Unadjusted Trial Balance Adjustments Adjusted Trial Balance DR CR DR CR DR CR Account Titles Cash $ 3,000 950 $ $ Account: Unearned Revenue Date: 2018 Description 9/1/18 Opening Balance GL No: 210 Balance (DR or CR) PR DR 830 5,500 CR $ $ S 1,800 1,250 1,700 $ Accounts Receivable Office Supplies Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Salaries Payable Rizzo, Capital Rizzo, Drawing Service Revenue Salaries Expense Depreciation Expense Supplies Expense TOTAL GL No: 220 Balance (DR or CR) $ Account: Salaries Payable Date: 2018 Description 9/1/18 Opening Balance 4,030 PR DR CR $ 500 $ 4,200 $ 2,200 Account: Service Revenue Date: 2018 Description 9/1/18 Opening Balance GL No: 400 Balance (DR or CR) $ 12,980 $ 12,980$ PR DR CR JOURNAL Page 1 GL No: 530 Balance (DR or CR) Date Account Title and Explanation PR Debit Credit Account: Salaries Expense Date: 2018 Description 9/1/18 Opening Balance PR DR CR 9/30/2018 Unearned Revenue of $850 now earned 9/30/2018 $430 of supplies still on hand GL No: 535 Account: Depreciation Expense Date: 2018 Description 9/1/18 Opening Balance PR DR CR Balance (DR or CR) 9/30/2018 Salaries accured but not paid $2,430 9/30/2018 Depreciation on equipment $600 Account: GL No: 540 Supplies Expense Description Date: 2018 PR DR CR Balance (DR or CR) ACC 231 CH 5 Case Study AP-12A on workbook pp 182-185 Account: Office Supplies Date: 2018 Description 9/1/18 Opening Balance GL No: 110 Balance (DR or CR) PR DR CR Zig Zag Robotics Worksheet September 30, 2018 Account: Accumulated Depreciation Date: 2018 Description 9/1/18 Opening Balance GL No: 130 Balance (DR or CR) PR DR CR Unadjusted Trial Balance Adjustments Adjusted Trial Balance DR CR DR CR DR CR Account Titles Cash 3,000 950 $ $ $ $ Account: Unearned Revenue Date: 2018 Description 9/1/18 Opening Balance GL No: 210 Balance (DR or CR) PR DR 830 5,500 CR $ 1,800 S 1,250 1,700 $ GL No: 220 Accounts Receivable Office Supplies Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Salaries Payable Rizzo, Capital Rizzo, Drawing , Service Revenue Salaries Expense Depreciation Expense Supplies Expense TOTAL 4,030 Account: Salaries Payable Date: 2018 Description 9/1/18 Opening Balance PR DR CR Balance (DR or CR) $ $ 500 $ 2,200 4,200 $ $ GL No: 400 Balance (DR or CR) 12,980 $ 12,980 $ $ Account: Service Revenue Date: 2018 Description 9/1/18 Opening Balance $ PR DR CR JOURNAL Page 1 GL No: 530 Balance (DR or CR) Date Account Title and Explanation PR Debit Account: Salaries Expense Date: 2018 Description 9/1/18 Opening Balance Credit PR DR CR 9/30/2018 9/30/2018 Account: Depreciation Expense Date: 2018 Description GL No: 535 Balance (DR or CR) PR DR CR