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A. Prepare an unadjusted trial balance for LYM, Inc as of December 31,2018 Begin by posting the adjusting journal entries to the t accounts to
A. Prepare an unadjusted trial balance for LYM, Inc as of December 31,2018 Begin by posting the adjusting journal entries to the t accounts to obtain the adjusted balances. T accounts have been opened using th balances from the unadjusted trial balance. Use the adjusting journal entry numbers AJE1-AJE4 as posting references to post each adjusting entry to the relevant accounts, then compute the adjusted ending balance of each account. B. Prepare an adjusted trial balance for LYM, inc as of December 31,2018 %) E4-15 (similar to) RDecember 31, 2018 aduating ees Read he Prepaid Insurance: $20,000 December 31 Prepaid Insurance Prepaid Rent S0 50,000 Sales Revnue: $001,500 Wage Expense: $250,000 Utities Expense: $11.,000 21 T, HE. Ras the tollowing unadjusted account belancos as of December 31, 2018, the company's year-end: EB (Click the loon to view the unadjusted balances.) At year-end, LYM made E(Cilick the ioor Read the requirements Cash Unad, Bal. 5600 Une, Bal.$,0 5,000 Prepaid Insurance Prepaid Rent Unadj. Bal. 20,000 Unad, Bal.18,000 Equipment Accumulated Depreciation-Equipment Unadj. Bal. 90.000 Accounts Payable Wages Payable 50,000 Unadj. Bal. Sales Raveniie Cnmmon Stonk Choose from any list or enter any number in the input fields and then dlick Check Answer Read th Common Stock Sales Revenue 8,000 Unadj. Bal. 901,500 Unadj Bal. Rent Expense Wage Expense Unadj. Bal. 9,000 Unadj. Bal.250,000 Utilities Expense Insurance Expense Unadj. Bal.11.000 Unadj, Ba 6,500 Depreciation Expense Choose from any list or enter any number in the input ftields and then click Check
Begin by posting the adjusting journal entries to the t accounts to obtain the adjusted balances. T accounts have been opened using th balances from the unadjusted trial balance. Use the adjusting journal entry numbers AJE1-AJE4 as posting references to post each adjusting entry to the relevant accounts, then compute the adjusted ending balance of each account.
B. Prepare an adjusted trial balance for LYM, inc as of December 31,2018
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