Refer to the data in Exercise E-F:3-25, and prepare an adjusted trial balance.

Data from E-F 3-25 The unadjusted trial balance for All Mopped Up Company, a cleaning service, is as follows

During the 12 months ended December 31, 2024, All Mopped Up:

a. Used office supplies of $1,700.

b. Used prepaid insurance of $580.

c. Depreciated equipment, $500.

d. Accrued salaries expense of $310 that hasn’t been paid yet.

e. Earned $400 of unearned revenue.
Requirements

1. Open a T-account for each account using the unadjusted balances.
2. Journalize the adjusting entries using the letter and December 31 date in the date column.
3. Post the adjustments to the T-accounts, entering each adjustment by letter. Show each account’s adjusted balance.

Transcribed Image Text:

ALL MOPPED UP COMPANY Unadjusted Trial Balance December 31, 2024 Account Title Cash Office Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Equipment Insurance Expense Total Balance Debit $ 800 2,000 600 30,000 5,000 7,000 $ 45,400 Credit $ 2,000 2,400 700 15,300 25,000 $ 45,400