Based on what you learned in the text using the Sample Company, you are to make the following changes to the Case 4 company you modified in Chapter 8: ATTACH TRAIL BALANCE FOR CHAPTER 9

An inventory of supplies reveals that only $200 of supplies remains as of 1/31/21. Youll need to create a new Supplies Expense account (Account Type: Expenses, Detail Type: Supplies & Materials, Name: Supplies Expense).

Prepaid expenses of $1,500 expired (representing prepaid insurance) in the month of January.

A bill for $675 was received and recorded in the next month from FixIt, Inc. for advertising placed in the current month. Create a new liability account as you did earlier in the chapter.

Training services recorded on invoice #1003 for $3,750 to Flyer Corporation were only partially performed even though invoiced. Thus, the $2,000 in sales had not been earned. Create a new liability account as you did earlier in the chapter.

Training services of $750 were performed on the last day of the month for a new customer Jules, Inc. but not invoiced to the customer or recorded into the accounting records until a few days into the next month. Create a new asset account as you did earlier in the chapter and record additional sales.

Depreciation Expenses of $1,500 ($500, $600, and $400 for Buildings, Furniture, and Machinery & Equipment, respectively) needed to be recorded for the month. Before recording this journal entry, edit the Depreciation expense account so that the new name is Depreciation Expense. Also change the account title for the Buildings, Furniture, and Machinery & Equipment accumulated depreciation from Depreciation to Accumulated Depreciation like you did earlier in the chapter.