rowland company is a small editorial services company owned and operated by marlene 1553826

Rowland Company is a small editorial services company owned and operated by Marlene Rowland. On August 31, 2016, the end of the current year, Rowland Company’s accounting clerk prepared the following unadjusted trial balance:Rowland CompanyUNADJUSTED TRIAL BALANCEAugust 31, 2016

	ACCOUNT TITLE	DEBIT	CREDIT
1	Cash	7,420.00
2	Accounts Receivable	38,115.00
3	Prepaid Insurance	7,050.00
4	Supplies	1,630.00
5	Land	114,550.00
6	Building	150,250.00
7	Accumulated Depreciation-Building		88,800.00
8	Equipment	133,200.00
9	Accumulated Depreciation-Equipment		96,605.00
10	Accounts Payable		12,560.00
11	Unearned Rent		7,035.00
12	Common Stock		74,980.00
13	Retained Earnings		142,235.00
14	Dividends	15,055.00
15	Fees Earned		327,900.00
16	Salaries and Wages Expense	194,870.00
17	Utilities Expense	42,345.00
18	Advertising Expense	22,335.00
19	Repairs Expense	17,690.00
20	Miscellaneous Expense	5,605.00
21	Totals	750,115.00	750,115.00