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Adjusted Trial Balance
Account
Debit
Credit
Cash at Bank
$866
Accounts Receivable
2,722
Supplies
1,107
Prepaid insurance
687
GST Receivable
647
Golf Equipment
23,079
Accumulated Depreciation-golf equipment
$9,209
Building
40,099
Accumulated Depreciation-building
5,478
Accounts payable
5,865
Interest payable
710
Telecommunication expense Payable
320
Wages and salaries payable
362
Unearned fees revenue
1,098
GST payable
1,502
Loan from ABC Bank Ltd (non-current)
23,370
C. Harpreet Capital
26,243
C. Harpreet Drawings
9,000
Fees revenue
24,832
Depreciation expense- golf equipment
2,010
Depreciation expense- building
963
Wages and salaries expense
8,940
Insurance expense
1,704
Interest Expense
1,451
Electricity expense
1,701
Council rates expense
883
Supplies expense
2,130
Telecommunication expense
1,000
Additional data taken into account in the preparation of the above adjusted trial balance at June 30 2016:
1. Unearned fees revenue earned during the year, $554
2. Prepaid insurance expired during the year, $1704
3. Accrued interest expense, $710
4. Supplies used during the year, $2130
5. Fees revenue earned but not received, $786
6. Depreciation for the year: golf equipment, $2010; building, $963
7. Accrued wages and salaries expense, $362
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