journalized and posted routine

110	Cash	$40,860
120	Accounts Receivable	6,550
130	Supplies	2,100
140	Prepaid Insurance	1,200
150	Land	100,000
160	Building	75,000
161	Accumulated Depreciation – Building		0
170	Landscaping Equipment	10,500
171	Accumulated Depreciation – Landscaping Equipment		0
210	Accounts Payable		29,200
220	Unearned Landscaping Revenue		30,000
230	Wages Payable		–
310	J. Doe, Capital		$168,550
320	J. Doe, Drawings	3,500
410	Landscaping Revenue		23,100
510	Wages Exp	4800
520	Rent Exp	3,000
530	Depreciation Exp – Building	0
540	Depreciation Exp – Landscaping Equipment	0
550	Utilities Exp	2,240
560	Supplies Expense	–
570	Insurance Expense	–
580	Misc Exp	1,100
	Total	$   250,850	$   250,850

You have already journalized and posted routine entries through the month of November and created your Unadjusted Trial Balance (above). The following data have been assembled for adjusting entries.

• Unearned Landscaping Revenue is $5,000 at Nov 30 as $25,000 of the landscaping services were provided in November.
• Depreciation for the building for November is $750.
• Depreciaiton for the Landscaping Equipment is $250.
• The balance in Prepaid Insurance is for a 12 month liability insurance policy purchased on Sept 1 and beginning that day.
• Supplies on hand at Nov 30 is $1750.
• Maple Company has provided $19,000 of landscaping services in November that it has not yet billed for.
• Accrued wages at Nov 30 are $750.

Directions:

1. Journalize each adjusting entry on page 3 of your journal. Post transactions to the ledger.
2. Prepare an adjusted trial balance.
3. Prepare financial statements for the month of November (Income Statement, Statement of Owner’s Equity, and Classified Balance Sheet only). There weren’t any investments by owner during the month of November.