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Appendix 1: Adjustment Data on an End-of-Period Spreadsheet Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services

Appendix 1: Adjustment Data on an End-of-Period Spreadsheet

Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services has been prepared on the following end-of-period spreadsheet for the year ended October 31, 20Y3:

Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 20Y3
Unadjusted Trial Balance Adjustments Adjusted Trial Balance
Account Title Dr. Cr. Dr. Cr. Dr. Cr.
Cash 81
Accounts Receivable 216
Supplies 22
Prepaid Insurance 32
Land 270
Equipment 108
Accum. Depr.Equipment 11
Accounts Payable 97
Wages Payable 0
Common Stock 160
Retained Earnings 347
Dividends 22
Fees Earned 243
Wages Expense 54
Rent Expense 32
Insurance Expense 0
Utilities Expense 16
Supplies Expense 0
Depreciation ExpenseEquip. 0
Miscellaneous Expense 5
858 858

The data for year-end adjustments are as follows:

  1. Fees earned, but not yet billed, $22.
  2. Supplies on hand, $11.
  3. Insurance premiums expired, $27.
  4. Depreciation expense, $11.
  5. Wages accrued, but not paid, $11.

Enter the adjustment data, and place the balances in the Adjusted Trial Balance columns. If a box does not require an entry, leave it blank. Enter all amounts as positive numbers.

Alert Security Services Co.
End-of-Period Spreadsheet (Work Sheet)
For the Year Ended October 31, 20Y3
Account Title Unadjusted Trial Balance Debit Unadjusted Trial Balance Credit Adjustments - Debit Adjustments - Credit Adjusted Trial Balance Debit Adjusted Trial Balance Credit
Cash 81
Accounts Receivable 216
Supplies 22
Prepaid Insurance 32
Land 270
Equipment 108
Accum. Depr.Equipment 11
Accounts Payable 97
Wages Payable 0
Common Stock 160
Retained Earnings 347
Dividends 22
Fees Earned 243
Wages Expense 54
Rent Expense 32
Insurance Expense 0
Utilities Expense 16
Supplies Expense 0
Depreciation ExpenseEquip. 0
Miscellaneous Expense 5
Totals 858 858

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