Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

After completing the adjusting entries, what would be the adjusted trial balance? Accounting Cycle & Transaction Analysis Final Assessment: Outline and Rubric Step TWO: Prepare

image text in transcribed
image text in transcribed
image text in transcribed
After completing the adjusting entries, what would be the adjusted trial balance?
image text in transcribed
image text in transcribed
Accounting Cycle & Transaction Analysis Final Assessment: Outline and Rubric Step TWO: Prepare the Adjusted Trial Balance Use the templates in the Excel document to prepare the unadjusted trial balance for Purity Water, Inc., at June 30. Journalize and post the adjusting entries for June based on the following adjustment information. a) Supplies on hand, $200. b) Depreciation, $100 equipment, $75 furniture, $330 vehicles. c) Services performed but unbilled, $1,900. d) Accrued salaries, $550. ACCOUNTS POST. REF. Dr. Cr. DATE June 30 Prepare an adjusted trial balance for Purity Water, Inc., at the end of June. ?? PDATES AVAILABLE Updates for Office are ready to be installed, but first we need to CREDIT Pure Water, Inc. Unadjusted Trial Balance 30-Jun-14 ACCOUNT DEBIT Cash $ 30,635.00 Accounts 2,300.00 Recievable Lawn Supplies $ 1.370.00 Equipment $ 2,400.00 Land $ 17,000.00 Vehicles $ 35,800.00 Furniture $ 3.600.00 Accounts Payable Note Payable Common Stock Service Revenue ESS Dividends S 5,300.00 Step 1 - Journalize Step 1 - Ledgers $ 4,380.00 35.800.00 52,500.00 11,600.00 Step 1 . Unadjusted TB x Used Time Reference Trig Function Library AVAILABLE Updates for Office are ready to be installed, but first we nee Salaries Expense $ Utilities Expense | $ Rent Expense $ Miscellaneous Expense $ 2,200.00 1,625.00 1,800.00 250.00|| Totals $ 104,280.00 $ 104,280.00 PDATES AVAILABLE Updates for Office are ready to be installed, but first we need to CREDIT Pure Water, Inc. Unadjusted Trial Balance 30-Jun-14 ACCOUNT DEBIT Cash $ 30,635.00 Accounts 2,300.00 Recievable Lawn Supplies $ 1.370.00 Equipment $ 2,400.00 Land $ 17,000.00 Vehicles $ 35,800.00 Furniture $ 3.600.00 Accounts Payable Note Payable Common Stock Service Revenue ESS Dividends S 5,300.00 Step 1 - Journalize Step 1 - Ledgers $ 4,380.00 35.800.00 52,500.00 11,600.00 Step 1 . Unadjusted TB x Used Time Reference Trig Function Library AVAILABLE Updates for Office are ready to be installed, but first we nee Salaries Expense $ Utilities Expense | $ Rent Expense $ Miscellaneous Expense $ 2,200.00 1,625.00 1,800.00 250.00|| Totals $ 104,280.00 $ 104,280.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Transformation Regulation Digitalisation And Sustainability

Authors: Jan Marton, Fredrik Nilsson, Peter Öhman

1st Edition

103253303X, 978-1032533032

More Books

Students also viewed these Accounting questions

Question

Understanding Groups

Answered: 1 week ago