Jordon James Started JJJ Consulting on January 1

question 132

Essay

Jordon James started JJJ Consulting on January 1.The following are the account balances at the end of the first month of business,before adjusting entries were recorded:
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Adjustment data:
Supplies on hand at the end of the month,$200
Unbilled consulting revenue,$700
Rent expense for the month,$1,000
Depreciation on equipment,$90
(a)Prepare the required adjusting entries,adding accounts as needed.
(b)Prepare an adjusted trial balance for JJJ Consulting as of January 31.
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