Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
9. The unadjusted trial balance of Barber Housekeeping Service is entered on the partial work sheet below. Required: Complete the work sheet using the following
9. The unadjusted trial balance of Barber Housekeeping Service is entered on the partial work sheet below. Required: Complete the work sheet using the following information: (a) Salaries earned by employees that are unpaid and unrecorded, $5,000. (b) An inventory of supplies showed $3,000 of unused supplies still on hand. (c) Depreciation on automobiles, $30,000. (d) Advertising for November and December in the amount of $8,000 remains unpaid and unrecorded. Barber Housekeeping Service Work Sheet For the year ended December 31 Adjustments Adjusted Trial Balance Account Income Statement Unadjusted Trial Ballance Credit Debit Credit Credit Debit Credit Debit 50,000 10,000 8,000 160,000 Debit 50,000 10,000 3,000 160,000 5.000 Balance Sheet and Statement of Owner's Equity Debit Credit 50,000 10,000 3,000 160,000 85.000 45 000 5.000 55,000 55.000 37,000 Cash Accounts Receivable Supplies Automobiles Accum. Depr. - Autos Accounts payable Salaries payable C Barber, Capital C. Barber Withdrawals Fees earned Salary expense Supplies expense Depreciation expense Totals 30,000 8,000 5,000 85,000 45,000 5.000 55,000 55.000 45,000 45,000 275,400 275,400 275,400 125,000 24,400 130,000 5,000 5,000 30,000 48,000 130,000 29,400 30,000 465,400 I 422,400 422.400 30,000 197,400 48,000 465,400 275,400 268,000 190,000
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/66aa147a93795_39366aa1479f36cd.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started