Use the following information from the Adjustments columns of a 10-column work sheet to prepare the necessary
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Unadjusted Trial Balance Adjustments Balance Sheet and Statement of Owner's Equity Trial Balance Statement No. Account Title 109 Interest receivable 124 Office supplies 128 164 Accumulated depreciation-Office equipment 209 Salaries payable 409 Interest revenue b) $1.850 3,300 (C) 3,300 620 Office salaries expense 638 Insurance e equipment a) 432 (a) 488 1,650 650 Office supplies expense Totals 7,090 7.090
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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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