The unadjusted and adjusted trial balance of the work sheet drawn by the Accountant of Shayan Legal Services for the month ended 31 January 2020 is presented below:- Particulars Unadjusted Trial Balance Adjusted Trial Balance Cash Amount Dr Cr Dr Cr

Let's walk through the tasks one by one based on the provided trial balance data.

### a) Adjusting Accounting Entries
To prepare the adjusting accounting entries, we can determine the necessary adjustments from the unadjusted trial balance to arrive at the adjusted trial balance.

**Adjusting Entries:**
1. **Salaries Expenses Adjustments:**
   - Salaries Expenses increased by Rs. 10,000 (from Rs. 30,000 to Rs. 40,000).
   - **Entry:** 
     - Debit Salaries Expenses: Rs. 10,000
     - Credit Salaries Payable: Rs. 10,000

2. **Office Supplies Adjustment:**
   - Office Supplies Expense increased by Rs. 7,000 (from Rs. 4,000 to Rs. 11,000).
   - **Entry:** 
     - Debit Office Supplies Expense: Rs. 7,000
     - Credit Office Supplies: Rs. 7,000

3. **Utility Expenses Adjustment:**
   - Utility Expenses increased by Rs. 4,000 (from Rs. 12,000 to Rs. 16,000).
   - **Entry:** 
     - Debit Utility Expenses: Rs. 4,000
     - Credit Utility Expenses Accrued: Rs. 4,000

4. **Depreciation Expense:**
   - Enter accrued Depreciation Expense: Rs. 2,000.
   - **Entry:** 
     - Debit Depreciation Expense: Rs. 2,000
     - Credit Accumulated Depreciation: Rs. 2,000

5. **Rent Expense Adjustment:**
   - Rent Expenses recorded Rs. 25,000, with Accrued Rent of Rs. 25,000.
   - **Entry:**
     - Debit Rent Expenses: Rs. 25,000
     - Credit Accrued Rent: Rs. 25,000

### b) Prepare Income Statement
The Income Statement presents revenues and expenses for the period.

**Income Statement for the month ended 31 January 2020:**

| Particulars            | Amount (Rs.)  |
|-----------------------|----------------|
| **Revenues**          |                |
| Legal Fee Earned      | 280,000        |
|                       |                |
| **Expenses**          |                |
| Salaries Expenses      | 40,000         |
| Office Supplies Expense | 11,000         |
| Utility Expenses       | 16,000         |
| Rent Expenses          | 25,000         |
| Depreciation Expense   | 2,000          |
| **Total Expenses**    | 94,000         |
|                       |                |
| **Net Income**        | 186,000        |

### c) Prepare Statement of Changes in Equity
The Statement of Changes in Equity shows the changes in the equity position.

**Statement of Changes in Equity for the month ended 31 January 2020:**

| Particulars            | Amount (Rs.)  |
|-----------------------|----------------|
| **Shayan Capital**    | 66,000         |
| **Add: Net Income**   | 186,000        |
| **Less: Withdrawals** | -              |
| **Equity at end of period** | 252,000    |

### d) Prepare Balance Sheet
The Balance Sheet provides a summary of assets, liabilities, and equity as of January 31, 2020.

**Balance Sheet as at 31 January 2020:**

| **Assets**            | Amount (Rs.)  |
|-----------------------|----------------|
| Cash                  | 5,000          |
| Legal Fee Receivable   | 40,000         |
| Office Supplies        | 8,000          |
| Office Equipment      | 240,000        |
| **Total Assets**      | 293,000        |


| **Liabilities**       | Amount (Rs.)  |
|-----------------------|----------------|
| Salaries Payable      | 10,000         |
| Utility Expenses Accrued | 4,000       |
| Accrued Rent          | 25,000         |
| **Total Liabilities** | 39,000         |


| **Equity**            | Amount (Rs.)  |
|-----------------------|----------------|
| Shayan Capital        | 252,000        |
| **Total Equity**      | 252,000        |


| **Total Liabilities and Equity** | 291,000 |

### e) Prepare Closing Accounting Entries
Closing entries transfer net income/loss to equity accounts.

1. Close Revenues:
   - Debit Legal Fee Earned: Rs. 280,000
   - Credit Income Summary: Rs. 280,000

2. Close Expenses:
   - Debit Income Summary: Rs. 94,000
   - Credit Salaries Expenses: Rs. 40,000
   - Credit Office Supplies Expense: Rs. 11,000
   - Credit Utility Expenses: Rs. 16,000
   - Credit Rent Expenses: Rs. 25,000
   - Credit Depreciation Expense: Rs. 2,000

3. Close Income Summary to Capital:
   - Debit Income Summary: Rs. 186,000
   - Credit Shayan Capital: Rs. 186,000

### f) Prepare Post-Closing Trial Balance
The Post-Closing Trial Balance contains only balance sheet accounts.

| **Post-Closing Trial Balance**   | Amount (Rs.)  |
|------------------------------------|----------------|
| Cash                               | 5,000          |
| Legal Fee Receivable               | 40,000         |
| Office Supplies                    | 8,000          |
| Office Equipment                   | 240,000        |
| Accumulated Depreciation           | 2,000          |
| Salaries Payable                   | 10,000         |
| Utility Expenses Accrued           | 4,000          |
| Accrued Rent                       | 25,000         |
| Shayan Capital                     | 252,000        |
| **Total**                          | 306,000        |


### Note
Make sure the total assets equal the total liabilities plus equity in the balance. Revise any discrepancies, as the total assets and total liabilities plus equity must balance.