Chapter 4 Completing the Accounting E X Kelly Consulting, P.C Adjusted Trial Balance April 30, 2014 Adju Bala Cons Credit Debit Balances Balances Cash Accounts Receivable Supplies Prepaid Rent Prepaid Insurance . . Office Equipment Accumulated Depreciation Accounts Payable . . .. 22,100 3,400 1,350 3,200 1,500 14,500 .. 330 800 120 2,500 30,000 Unearned Fees... Dividends Fees Earned Salary Expense Rent Expense 6,000 23,450 1,620 1,600 850 330 300 450 Depreciation Expense . . Insurance Expense Miscellaneous Expense 57.200 57200 Kelly Consulting, P.C Income Statement For the Month Ended April 30, 2014 Fina Stat Con Fees earned Expenses: $23,450 Salary expense. Rent expense Supplies expense Depreciation expense Insurance expense Miscellaneous expense $1,620 1 600 Total expenses.... 5,150 $18,300 Net income Kelly Consulting, P.C Retained Earnings Statement For the Month Ended April 30, 2014 Retained earnings, April 1, 2014 Net income for April Less dividends $18,300 6,000 Retained earnings, April 30, 2014... 12,300 12,300 Continued)