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Activity 2.b - More Practice Preparing the Adjusted Trial Balance Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter
Activity 2.b - More Practice Preparing the Adjusted Trial Balance Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter acce common stock, dividends, revenues, and expenses. Assume all accounts have normal balances. Accounts Payable 7,080 SMART TOUCH LEARNING Accounts Receivable 4,420 Adjusted Trial Balance Accumulated Depreciation--Furniture 7,960 December 31, 2016 Cash 19,470 Balance Common Stock 76,140 Account Title Debit Credit Cash 2,650 19470 Cost of Goods Sold Furniture 31870 Depreciation Expense--Furniture 10,620 Dividends 14160 15,930 Inventory Furniture 8850 31,870 Prepaid Rent 12,390 Office Supplies 5310 Income Tax Expense 4420 Income Taxes Payable 13,270 Accounts Receivable Inventory 7960 14,160 Accumulated Depreciation Furniture 7080 Notes Payable 4,420 Accounts Payable 13270 Office Supplies 5,310 Income Taxes Payable 4420 Prepaid Rent 8,850 Notes Payable 17,700 Rent Expense 3540 Salaries Payable Salaries Expense Utilities Payable 2650 24,780 Common Stock 76,140 Salaries Payable 3,540 Dividends 15930 Service Revenue 53,980 53980 Service Revenue 3,540 Supplies Expense Unearned Revenue 7,960 Unearned Revenue 7960 10620 Utilities Expense 5,310 Depreciation Expense Furniture Activity 2.b - More Practice Preparing the Adjusted Trial Balance Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter acce common stock, dividends, revenues, and expenses. Assume all accounts have normal balances. Accounts Payable 7,080 SMART TOUCH LEARNING Accounts Receivable 4,420 Adjusted Trial Balance Accumulated Depreciation--Furniture 7,960 December 31, 2016 Cash 19,470 Balance Common Stock 76,140 Account Title Debit Credit Cash 2,650 19470 Cost of Goods Sold Furniture 31870 Depreciation Expense--Furniture 10,620 Dividends 14160 15,930 Inventory Furniture 8850 31,870 Prepaid Rent 12,390 Office Supplies 5310 Income Tax Expense 4420 Income Taxes Payable 13,270 Accounts Receivable Inventory 7960 14,160 Accumulated Depreciation Furniture 7080 Notes Payable 4,420 Accounts Payable 13270 Office Supplies 5,310 Income Taxes Payable 4420 Prepaid Rent 8,850 Notes Payable 17,700 Rent Expense 3540 Salaries Payable Salaries Expense Utilities Payable 2650 24,780 Common Stock 76,140 Salaries Payable 3,540 Dividends 15930 Service Revenue 53,980 53980 Service Revenue 3,540 Supplies Expense Unearned Revenue 7,960 Unearned Revenue 7960 10620 Utilities Expense 5,310 Depreciation Expense Furniture
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