Selected worksheet data for Freeman Company are presented below. Instructions (a) Fill in the missing amounts. (b)
Question:
Instructions
(a) Fill in the missing amounts.
(b) Prepare the adjusting entries that weremade.
Transcribed Image Text:
Adjusted Trial Balance Account Titles Trial Balance Dr Dr 34,000 18,000 Cr Accounts Reccivable Prepaid Insurance Supplies Accumulated Depreciation-Equipment Salaries and Wages Payable Service Revenuc Insurance Expense Depreciation Expenso Supplies Expense Salaries and Wages Expense 26,000 7,000 12,000 5,000 95,000 88,000 10,000 4,700 49,000
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a Accounts Receivable27000 34000 7000 Supplies2300 7000 ...View the full answer
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Related Book For
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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