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Activity 5 Presented below is the unadjusted trial balance of the SKL Information Systems Company for the year ended December 31, 2018: SKL Information Systems
Activity 5 Presented below is the unadjusted trial balance of the SKL Information Systems Company for the year ended December 31, 2018: SKL Information Systems Company Unadjusted Trial Balance December 31, 2018 DEBIT CREDIT Cash Prepare a 10- column P 45,000 Notes Receivable worksheet exhibiting the 360,000 Accounts Receivable following: You may use a 10- 156,000 column worksheet to answer Office Supplies the activity 63,000 Land a. Unadjusted trial balance 300,000 b.Adjusting entries Building c.Adjusted Trial Balance 1,590,000 Accumulated Depreciation-Building d.Financial Statements P 254,000 i. Balance Sheet Equipment ii. Income Statement 2,150,000 Accumulated Depreciation- Equipment 612,000 Accounts Payable 213,000 Unearned Consulting Revenues 450,000 SKL, Capital 2,655,000 SKL, Withdrawals 600,000 Consulting Revenues 2,108,000 Salaries Expense 875,000 Repairs Expense 1 16,000 Miscellaneous Expense 37.000 P. 6.292,000 P 6.292,000 Accumulated Depreciation- Building P38,000 Depreciation Expense- Equipment P123,000 Accumulated Depreciation- Equipment P123,000 a. Salaries in the amount of P 14,000 have been accrued at year-end. Salaries Expense P14,000 Salaries Payable P14,000
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