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Black Company's unadjusted and adjusted trial balances on December 31 of the current year are as follows: Unadjusted Trial Balance Adjusted Trial Balance Cash 4,000
Black Company's unadjusted and adjusted trial balances on December 31 of the current year are as follows: | |||||
Unadjusted Trial Balance | Adjusted Trial Balance | ||||
Cash | 4,000 | 4,000 | |||
Prepaid Insurance | 1,600 | 1,200 | |||
Equipment | 9,000 | 9,000 | |||
Accumulated depreciation - | |||||
Equipment | 900 | 1,800 | |||
Salaries payable | 1,000 | ||||
Unearned repair fees | 2,500 | 600 | |||
Repair fees earned | 10,000 | 11,900 | |||
Salaries expense | 3,500 | 4,500 | |||
Depreciation expense |
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