2. C.R.Byrd, Capital10,000 C.R.Byrd, Drawings500 Fees Earned10,000 Rent Expense900 Totals28,700 Salaries Payable Amortization Expense Accumulated Amortization Totals Advertising Supplies Expense 1 Enter Trial Balance

3. Notes Payable 5,000 Accounts Payable 2,500 Unearned Fees 1,200 C.R. Byrd, Capital 10,000 C.R. Byrd, Drawings 500 Fees Earned 10,000 Rent Expense 900 Totals 28,700 Insurance Expense Accounts Receivable Interest Expense Interest Payable Salaries Expense Salaries Payable Amortization Expense Accumulated Amortization Totals 7,415 Advertising Supplies Expense (a) 1,500 (a) 1,500 (b) 50 (b) 50 (c) 400 (c) 400 (d) 200 (e) 25 (f) 5,200 (g) 40 2 Enter Adjustments

4. Notes Payable 5,000 Accounts Payable 2,500 Unearned Fees 1,200 C.R. Byrd, Capital 10,000 C.R. Byrd, Drawings 500 Fees Earned 10,000 Rent Expense 900 Totals 28,700 Insurance Expense Accounts Receivable Interest Expense Interest Payable Salaries Expense Salaries Payable Amortization Expense Accumulated Amortization Totals 7,415 Advertising Supplies Expense 34,165 (a) 1,500 (b) 50 (c) 400 (d) 200 (a) 1,500 (b) 50 (d) 200 (e) 25 (f) 5,200 (g) 40 19,200 1,000 550 5,000 2,500 800 10,000 500 10,600 900 1,500 50 200 25 5,200 40 3 Enter Adjusted Trial Balance

5. Notes Payable 5,000 Accounts Payable 2,500 Unearned Fees 800 C.R. Byrd, Capital 10,000 C.R. Byrd, Drawings 500 Fees Earned 10,600 Rent Expense 900 Advertising Supplies Expense 1,500 Insurance Expense 50 Accounts Receivable 200 Interest Expense 25 Interest Payable 25 Salaries Expense Salaries Payable 5,200 Amortization Expense 40 Accumulated Amortization 40 Totals 34,165 Net Income Totals 5,200 19,200 1,000 550 5,000 2,500 800 10,000 500 10,600 900 1,500 50 200 25 5,200 40 4 Extend Balances to Financial Statement Columns

6. 5 Compute Income (Loss) Notes Payable 5,000 Accounts Payable 2,500 Unearned Fees 800 C.R. Byrd, Capital 10,000 C.R. Byrd, Drawings 500 Fees Earned 10,600 Rent Expense 900 Advertising Supplies Expense 1,500 900 Insurance Expense 50 1,500 Accounts Receivable 200 50 Interest Expense 25 Interest Payable 25 Salaries Expense 5,200 Salaries Payable 5,200 Amortization Expense 40 Accumulated Amortization 40 Totals 34,165 7,71510,60026,45023,565 Net Income 2,885 Totals 10,600 26,450 40 19,200 1,000 550 5,000 2,500 800 10,000 500 200 25 5,200 40