P3-4B Olen Chemical Servicing's unadjusted and adjusted trial balances at April 30, 20X1. follow. OLEN CHEMICAL SERVICING
Question:
P3-4B Olen Chemical Servicing's unadjusted and adjusted trial balances at April 30, 20X1. follow. OLEN CHEMICAL SERVICING Adjusted Trial Balance April 30, 20X1 Adjusted Trial Balance Trial Balance Account Title Debit Credit Debit Credit Cash 6.180 6,180 Accounts receivable 5.990 6.700 Interest receivable. 300 Note receivable. 4.100 4,100 Supplies.. 980 290 Prepaid rent 2,480 720 Building. 66,450 66.450 Accumulated depreciation 16,010 17.290 Accounts payable. 6.920 6,920 Wages payable 320 Unearned service revenue 670 110 Paul Olen, capital. 58,790 58.790 Paul Olen, withdrawals 3,600 3,600 Service revenue 9,570 10.840 Interest revenue. 300 Wage expense 1,600 1,920 Rent expense 1,760 Depreciation expense. 1.280 Insurance expense. 370 370 Supplies expense. 690 Utilities expense. 210 210 91.960 91.960 94.570 94.570 Required Journalize the adjusting entries that account for the differences between the two trial balances.
Step by Step Answer:
Accounting
ISBN: 9780130906991
5th Edition
Authors: Charles T. Horngren, Walter T. Harrison, Linda S. Bamber, Betsy Willis, Becky Jones