The following is the Bravo Unlimited unadjusted Trial Balance.

The following is the Bravo Unlimited unadjusted Trial Balance.

Bravo Unlimited

Unadjusted Trial Balance

December 31, 2016

Account Title

Debit

Credit

Cash

$88,450

Accounts Receivable

231,860

Supplies

6,255

Prepaid Rent

11,000

Equipment

395,285

Accumulated Depreciation

$224,260

Accounts Payable

72,555

Wages Payable

0  

Capital Stock

220,000

Retained Earnings

111,145

Service Revenue

893,105

Interest Income

1,500

Rent Expense

60,500

Wages Expense

527,260

Supplies Expense

42,520  

Utilities Expense

8,595

Depreciation Expense

144,000  

Interest Expense

6,840

_______ 

     Totals

$1,522,565

$1,522,565

Adjusting Items:

1. A physical inventory shows supplies on hand of $3,000 at year end.

2. The prepaid rent covers December 2016 thru March 2017 rents.

3. December depreciation on equipment is $11,000 per month.

4. At year end Wages of $10,000 were earned but unpaid.

Use this information to prepare the General Journal entry (without explanation) for the required end of the month adjustment. If no entry is required then write “No Entry Required.”

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