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Appendix: 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 Co.
Appendix: 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 Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 20Y5. In addition, the data for year-end adjustments are as follows:
- Fees earned but not yet billed, $37.
- Supplies on hand, $9.
- Insurance premiums expired, $46.
- Depreciation expense, $18.
- Wages accrued but not paid, $18.
Enter the adjustment data and place the balances in the Adjusted Trial Balance columns. If an amount box does not require an entry, leave it blank.
Alert Security Services Co. End-of-Period Spreadsheet (Work Sheet) For the Year Ended October 31, 20Y5 | ||||||||||
Unadjusted Trial Balance | Adjustments | Adjusted Trial Balance | ||||||||
Account Title | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. | ||||
Cash | 138 | |||||||||
Accounts Receivable | 368 | |||||||||
Supplies | 37 | |||||||||
Prepaid Insurance | 55 | |||||||||
Land | 460 | |||||||||
Equipment | 184 | |||||||||
Accumulated Depreciation | 18 | |||||||||
Accounts Payable | 166 | |||||||||
Wages Payable | 0 | |||||||||
Brenda Schultz, Capital | 865 | |||||||||
Brenda Schultz, Drawing | 37 | |||||||||
Fees Earned | 414 | |||||||||
Wages Expense | 92 | |||||||||
Rent Expense | 55 | |||||||||
Insurance Expense | 0 | |||||||||
Utilities Expense | 28 | |||||||||
Supplies Expense | 0 | |||||||||
Depreciation Expense | 0 | |||||||||
Miscellaneous Expense | 9 | |||||||||
Totals | 1,463 | 1,463 |
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