Selected worksheet data for Bonita 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 were made.
Transcribed Image Text:
Adjusted Trial Balance Account Titles Trial Balance Dr. Cr. Dr. Cr. Accounts Receivable 34,000 Prepaid Insurance Supplies Accumulated Depreciation–Equipment Salaries and Wages Payable 26,000 20,000 7,000 12,000 5,600 Service Revenue 88,000 97,000 Insurance Expense Depreciation Expense Supplies Expense Salaries and Wages Expense 10,000 4,500 49,000
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a Accounts Receivable x 25000 34000 9000 Supplies x 2500 7000 4500 Acc...View the full answer
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Related Book For
Accounting Principles
ISBN: 978-1119411482
13th 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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