Helenas Hire Cars

Helenas Hire Cars

The unadjusted trial balance of Helenas Hire Cars is shown below (ignore GST).

Helena’s Hire Cars
Trial Balance
As at 30 June 2019
Account Debit Credit
Cash at bank 18,140
Accounts receivable 21,340
Office supplies 640
Prepaid advertising 3,880
Hire cars 93,600
Accumulated Depreciation – hire cars 39,400
Accounts payable 10,800
Unearned hire fees 2,260
Helena, Capital 68,340
Helena, Drawings 20,600
Hire fees revenue 98,700
Wages expense 50,620
Fuel and oil expense 10,680
219,500 219,500


Helenas Hire CarsAdditional information

  1. Petrol purchased on credit for $680 and used during the last week in June has not been paid for or recorded.
  2. A physical count showed office supplies totalling $340 were still on hand at 30 June.
  3. Depreciation for 1 year on the hire cars is $12,400.
  4. Prepaid advertising has a balance of $600 at the end of the month.
  5. The balance in the Unearned Hire Fees account includes $1,800 received in May for hire services completed in June.

Helenas Hire Cars

Prepare a 10-column worksheet for the year ended 30 June 2019.

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