The Adjusted Trial Balance columns of a 10-column work sheet for Propel Company follow. Complete the work
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Balance Sheet and Statement of Owner's Equity Unadjusted Adjusted Trial Balance Income Trial Balance Adjustments Cr. Statement Dr No. Account Title 101 Cash 106 Accounts receivable 153 Trucks 154 Accumulated depreciation Trucks 183 Land 201 Accounts payable 209 Salaries payable 233 Uneaned fees 301 J. Propel, Capital 302 J. Propel, Withdrawals 401 Plumbing fees earned 611 Depreciation expense Trucks 622 Salaries expense 640 Rent expense 677 Miscellaneous expenses Dr. Dr. Cr. r.Cr. Dr. Cr. $ 6.000 26,200 41,000 14,000 3,200 2.600 64,500 14,400 79,000 5,500 37,000 12,000 7,700 ー Totals
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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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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