Aptos Architects, Inc. Trial Balance April 30, 2018 Account Debit Credit Cash $ 30,100 Accounts receivable 18,500 3,200 Prepaid insurance Supplies 1,100 85,000 $ 43,800 Equipment Accumulated depreciation, equipment Accounts payable Salaries payable 3,600 Unearned service revenue 3,100 Common stock 75,000 Retained earnings 10,600 Dividends 2,800 Service revenue 8,400 Salaries expense 3,800 Insurance expense Depreciation expense, equipment Utilities expense Supplies expense $ 144,500 $ 144,500 Total a. Insurance coverage still remaining at April 30, $600 b. Supplies used during the month, $600 c. Depreciation for the month, $1,700 d. Accrued utilities expense at April 30, $300 (use Accounts payable as the liability account needed) e. Accrued salaries at April 30, $1,000 f. Service revenue still unearned at April 30, $1,000 Requirement 1. Journalize the adjusting entries. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Insurance coverage still remaining at April 30, $600 Journal Entry Date Accounts Debit Credit Apr b. Supplies used during the month, $600 Journal Entry Date Accounts Debit Credit Apr c. Depreciation for the month, $1,700 Journal Entry Date Accounts Debit Credit Apr d. Accrued utilities expense at April 30, $300 (use Accounts payable as the liability account needed) Journal Entry Date Accounts Debit Credit Apr e. Accrued salaries at April 30, $1,000 Journal Entry Date Accounts Debit Credit Apr f. Service revenue still unearned at April 30, $1,000 Journal Entry Date Accounts Debit Credit Apr Requirement 2. The uniscjusled bolnave been grec in the Turlafur you. Pogle adusling entries to the T-wwwuns. Reference the posled around by lellery, lal through. Calvulate the adjusted bedarce fur expurt (Use: "B" pusing reference to show the ending balance of user Review the adjusting entrics from Requirement 1. Accounts receivable Cash 30.100 Prepaid insurance 3,200 Ba 1 1 10,500 Supplies Accumulated depreciation Equip Equipment 05,000 gal 1,100 BS Ba 43.803 Accounts payable Salaries payable Uneamed service revenue Bal 3.600 II Ba 3.103 1 Common stock Dividends Retained earnings BAI Bal 75.000 10.600 Bal 2,800 Il Salaries expense Insurance expense Service revenue BAI G477 F 3,000 Depreciation expense, equipment Utilities expense Supplies expense Requirement 3. Prepare the adjusted trial balance at April 30, 2018. Review the T-accounts from Requirement 2. Aptos Architects, Inc. Adjusted Trial Balance April 30, 2018 Account Debit Credit Total Requirement 4. How will the company use the adjusted trial balance? The company will use the adjusted trial balance to calculate taxes dues plan the next year's budget prepare financial statements report net income or loss
