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Adjusted Trial Balance Cash Accounts receivable Supplies Prepaid Insurance Property, Plant & Equipment (PPE) Accumulated depreciation-PPE Accounts payable Salaries payable Utilities payable Deferred revenue Notes
Adjusted Trial Balance Cash Accounts receivable Supplies Prepaid Insurance Property, Plant & Equipment (PPE) Accumulated depreciation-PPE Accounts payable Salaries payable Utilities payable Deferred revenue Notes payable (due in 5 yrs) Common stock Retained earnings Dividends Service revenue-new construction Service revenue-remodeling Salaries expense Depreciation expense Interest expense Building supplies expense Utilities expense Service fee expense Total Debit $40,000 30,000 2,000 8,000 1,000,000 Credit 50,000 1. Net income 2. Total current assets 3. Book value of the PPE 4. Total assets 5. From the box below, $250,000 10,000 Identify ALL the Permanent 20,000 accounts, 1,000 15,000 200,000 300,000 179,000 750,000 215,000 Cash Notes payable 650,000 50,000 5,000 8,000 7,000 90,000 $1,940,000 $1,940,000 Salaries expense Dividends Depreciation expense Service revenue Service fee expense Supplies Accumulated depreciation
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