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All Hearing is owned by Annie Howell and provides hearing aids and other auditory services. At the end of April 2022, the company had
All Hearing is owned by Annie Howell and provides hearing aids and other auditory services. At the end of April 2022, the company had the following adjustments. Apr 30 Interest on the bank loan is set at 7%; one month of interest has accrued. Apr 30 The balance of prepaid rent is for the remaining 6 months of the lease; one month of rent has been used. The equipment was purchased three months prior at the beginning of the month and will have a useful life of 7 Apr 30 which it will have residual value of $1,060. Depreciation is recorded every month. Record depreciation for April. Apr 30 All Hearing completed $510 of work that was previously unearned. Apr 30 Auditory services were provided in the month for $1,150 and the customer will pay next month. Required Using the following trial balance, complete the adjustments and the adjusted trial balance in the worksheet. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. years, after All Hearing Worksheet April 30, 2022 Adjustments DR CR Adjusted Trial Balance DR CR 5800 Unadjusted Trial Balance Account DR CR Cash 5,800 Accounts Receivable 2,210 Prepaid Rent 7,800 Equipment 14,164 Accumulated Depreciation 312 1300 6500 14164 s S Accumulated Depreciation 312 Accounts Payable 1,800 Interest Payable Unearned Revenue 1,900 Bank Loan 6,500 Howell, Capital 15,162 Howell, Withdrawals 1,500 9,200 Service Revenue Depreciation Expense Rent Expense Interest Expense Insurance Expense 1,100 Salaries Expense 2,300 Total 34,874 34,874 Check Not answered Mark 0.00 out of 1.00
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