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A six-column table for JKL company follows. The first two columns contain the unadjusted trial balance for the compaby as of July 31, 2017. The
A six-column table for JKL company follows. The first two columns contain the unadjusted trial balance for the compaby as of July 31, 2017. The last two columns contain the adjusted trial balance as of the same date.
as of July 31, 2017. The last two columns contain the adjusted trial balance as of the same date. Unadjusted Trial Balance $ 105,830 11,000 17,800 6,640 81,000 Adjusted Trial Balance Cash 105,830 18,500 3,500 3,560 81,000 Accounts receivable office supplies Prepaid insurance office equipment Accum. Depreciation-Office equip. Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notes payable 3. Logan, Capital 3. Logan, Withdrawals Consulting fees earned Depreciation expense-Office equip. Salaries expense Interest expense Insurance expense Rent expense Office supplies expense Advertising expense $ 23,000 9,100 $ 36,000 14,000 1,500 15,000 18,000 22,000 48,000 56,000 48,000 56,000 7,500 7,500 167,000 178,500 13,000 82,020 2,780 3,080 67,020 1,280 14,620 14,620 14,300 17,310 12,410 Totals s 325,100 $325,100 $ 367,000 $367,000 ences between the unadjusted and adjusted trial balances to determine the adjustments that likely we Show the results of your analysis by entering these adjustment amounts in the cells provided Adjustments Account Unadjusted Trial Balance Adjusted Trial Balance Cash S 105,830 105.830 Accounts receivable Office supplies 11,000 18,500 17,800 3,500 Prepaid insurance Office equipment 6,640 3,560 81.000 81.000 Accumulated depreciation-Office equipment 23.000 $. 36,000 Accounts payable 9.100 14.000 Interest payable Salaries payable 0 1,500 15,000 Unearned consulting fees 22.000 18,000 48.000 Long-term notes payable 48,000 J Logan Capital 56,000 56 000 J Logan Withdrawals 7.500 7.500 Consulting fees earned 167.000 178 500 Consulting fees eamed (Uneamed fees adjusted) Depreciation expense-Office equipment 13.000 Step by Step Solution
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