Problem 5.24 Objectives 5-1, 5-2,5-3 Reconstructing a partial worksheet. The adjusted trial balance of College Book Store is of November 30, 2016, after the firm's first month of operations, appears on the next page. Appropriate adjustments have been made for the following items a. Supplies used during the month, 55.800. h. Expired rent for the month $7,000. c. Depreciation expense for the month, S1.900 INSTRUCTIONS 1. Record the Adjusted Trial Balance in the Adjusted Trial Balance columns of the worksheet. 2. Prepare the adjusting entries in the Adjustments columns 3. Complete the Trul Balance columns of the worksheet prior to making the adjusting entries Analye: What was the balance of Prepaid Rent prior to the adjusting entry for expired rent? College Book Store Adjusted Trial Balance November 30, 2016 Account Name Debit Credit $ 46,150 7,624 9,200 42,000 55,000 $ 1,900 18,000 83,674 Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation -- Equipment Accounts Payable Randy Moss, Capital Randy Moss, Drawing Fees Income Depreciation Expense - Equipment Rent Expense Salaries Expense Supplies Expense Utilities Expense Totals 8,000 97,100 1,900 7,000 17,000 5,800 1,000 $200,674 $200,674