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1. value 10.00 points E4-1 Preparing a Trial Balance LO4-1 Paige Consultants, Inc., provides marketing research for clients in the retail industry. The company had
1. value 10.00 points E4-1 Preparing a Trial Balance LO4-1 Paige Consultants, Inc., provides marketing research for clients in the retail industry. The company had the following unadjusted balances at the end of the current year: Depreciation Expense Accumulated Depreciation Salaries Payable 10,400 22,900 32,850 Cash Supplies Expenses Supplies 165,000 25,850 14,600 Salaries Expense 1,850,000 Prepaid Expenses 12,600 Interest Expense 19,600 Accounts Receivable 237,400 Consulting Fees Revenue 2,684,200 Retained Earnings Income Taxes Payable Travel Expense 28,790 Buildings and Equipment 647,040 3,510 Utilities Expense 32,430 Gain on Sale of Land Unearned Consulting Fees 39,700 8,400 Investment Income Accounts Payable Land 79,200 13,200 108,830 Common Stock Additional Paid-in Capital 244,000 Professional Development Expense 23,400 3,850 Notes Payable Rent Expense (on leased computers) 171,280 Investments 349,000 184,000 184,000 171,280 349,000 Required: Prepare, in financial statement order, an unadjusted trial balance for Paige Consultants, Inc., at the end of the current year. PAIGE CONSULTANTS, INC. Unadjusted Trial Balance At the End of the Current Year Account Titles Debit Credit Accounts payable Accounts receivable Accrued expenses payable Accumulated depreciation PAIGE CONSULTANTS, INC. Unadjusted Trial Balance At the End of the Current Year Account Titles Debit Credit Totals $ 0 $ 0
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