Selected worksheet data for Elsayed 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 Cr Accounts Receivable Prepaid Insurance Supplies Accumulated Depreciation-Equipment Salaries and Wages Payable Service Revenue Insurance Expense Depreciation Expense Supplies Expense Salaries and Wages Expense 34,000 20,000 26,000 7,000 12,000 5,600 97,000 88,000 10,000 4,500 49,000
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a Accounts Receivable25000 34000 9000 Supplies2500 7000 ...View the full answer
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald 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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