Calculate and enter the ending balance for each t-account. Post each transaction from the T-account into the ledger. Enter the transactions in chronological order. Explanations and posting references are not required. Then, calculate and enter the ending balance of each ledger account. Leave any unused cells blank. Accounts Receivable Accounts Receivable Dec. 1 25,300 25,400 Dec. 3 Date Explanation Ref. Debit Credit Balance Dec. 2 4,900 11,600 Dec. 5 25,300 Dec. 4 19,900 6.100 Dec 8 30,200 Dec. 6 9,900 1,200 Dec. 9 4,800 Dec. 7 23,200 17.100 Dec, 10 24,700 13,100 23,000 46,200 40,100 38,900 Salaries Payable Salaries Payable Dec. 2 21,800 56,000 Dec. 1 Date Explanation Ref. Debit Credit Balance Dec. 3 3,500 24,400 Dec. 5 56,000 Dec. 4 16,800 14,900 Dec. 7 34,200 Dec. 6 8,400 2.700 Dec. 8 30,700 Dec. 10 19,600 38,000 Dec. 9 13,900 38,300 29,900 44,800 47,500 85,500 Sales Revenue Sales Revenue 28,800 Dec. 1 Date Explanation Ref. Debit Credit Balance 12.500 Dec. 2 28,800 7,600 Dec. 3 41,300 1,300 Dec. 4 48,900 19,400 Dec. 5 50,200 Selling Expenses Selling Expenses Dec. 1 23,400 Date Explanation Ref. Debit Credit Balance Dec. 2 3,700 23,400 Dec. 3 18,000 27,100 Dec. 4 9,000 45,100 Dec. 5 21,000 54,100 Using the information from the ledger, fill out the Unadjusted Trial Balance for Smart Touch Learning as of December 31, 2016. Enter accounts in the same order as the Chart of Accounts and remember to total each column! Office Supplies Date Explanation Ref Debit Credit Bal. Nov. 1 43,784 Nov. 2 1,684 Notes Payable Date Explanation Ref Debit Credit Bala Balance Nov. 3 Account Title 6,800 Debit Credit Nov. 4 5,000 Service Revenue Date Explanation Ref Debit Credit Bal Nov.5 4,500 Nov. 6 2,400 Common Stock Date Explanation Ref Debit Credit Bala Total Nov. 7 30,700 Dividends Date Explanation Ref Debit Credit Balance Nov. 8 4,400 4,400 Depreciation Expense-Equipment Date Explanation Ref Debit Credit Balance Nov.9 1,900 1,900 Nov. 10 1,000 2,900 Calculate the ending balances in the ledger accounts. Then insert those balances in the Unadjusted Trial Balance. Check your spelling carefully and do not abbreviate. Enter account names exactly as provided in the ledger. Cash SMART TOUCH LEARNING Unadjusted Trial Balance December 31, 2016 Date Explanation Ref Debit Credit Balance Beg. Bal 6,800 6,800 Balance Account Title Debit Credit Dec 1 600 6,200 Dec s 1.700 4,500 Accounts Receivable 14.500 Dec 9 2,500 2000 Office Supplies 1.200 Dec 15 1,000 3.000 Dec. 22 2000 1.000 Prepaid Insurance 13,700 Dec 31 3000 Furniture 22,800 Accumulated Depreciation - Furniture 400 Prepaid Rent Accounts Payable 800 Date Explanation Ref Debit Credit Balance Unearned revenue 2,000 Beg Bal D Dec 1 1,600 1,500 Dec 31 1,600 Common Stoci 29,200 Utilities Payable Div dends 8,803 Date Explanation Ref Debit Credit Balance Bee B. 2,000 2,000 Rent Expense 8.000 Dec. 9 2,600 5,600 Dec 22 800 Total 80,600 80.600 Mortgage Payable Date Explanation Ref Debit Credit Balance Beg Bal D 0 0 Dec 15 22,500 Service Revenue Date Explanation Ref Debit Credit Balance Begal 4.200 4.200 Dec 15 1.900 6.100 Dec 22 2.300 8000 Dec 31 10,000 Salaries Expense Date Explanation Ref Debit Credit Balance Bestal 0 Dec 2.200 2.200 Dec 15 2.290 4 Using the unadjusted trial balance, calculate the total assets, liabilities, common stock, dividends, revenues, and expenses. Enter those amounts in the expanded accounting equation. SMART TOUCH LEARNING Unadjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash 17,600 Accounts Receivable 16,200 Office Supplies 8,100 Prepaid Rent 10,800 Prepaid Insurance Furniture 28.900 Accumulated Depreciation - Furniture 12,200 Accounts Payable 19,000 Unearned Revenue 20,300 Notes Payable 14,900 Common Stock 43,600 Dividends 12,200 Service Revenue 25,800 Rent Expense 6,700 Salaries Expense 9,500 Total 135,800 135,800 Assets Liabilities Common Stock Dividends Revenues Expenses 11 + Calculate and enter the ending balance for each t-account. Post each transaction from the T-account into the ledger. Enter the transactions in chronological order. Explanations and posting references are not required. Then, calculate and enter the ending balance of each ledger account. Leave any unused cells blank. Accounts Receivable Accounts Receivable Dec. 1 25,300 25,400 Dec. 3 Date Explanation Ref. Debit Credit Balance Dec. 2 4,900 11,600 Dec. 5 25,300 Dec. 4 19,900 6.100 Dec 8 30,200 Dec. 6 9,900 1,200 Dec. 9 4,800 Dec. 7 23,200 17.100 Dec, 10 24,700 13,100 23,000 46,200 40,100 38,900 Salaries Payable Salaries Payable Dec. 2 21,800 56,000 Dec. 1 Date Explanation Ref. Debit Credit Balance Dec. 3 3,500 24,400 Dec. 5 56,000 Dec. 4 16,800 14,900 Dec. 7 34,200 Dec. 6 8,400 2.700 Dec. 8 30,700 Dec. 10 19,600 38,000 Dec. 9 13,900 38,300 29,900 44,800 47,500 85,500 Sales Revenue Sales Revenue 28,800 Dec. 1 Date Explanation Ref. Debit Credit Balance 12.500 Dec. 2 28,800 7,600 Dec. 3 41,300 1,300 Dec. 4 48,900 19,400 Dec. 5 50,200 Selling Expenses Selling Expenses Dec. 1 23,400 Date Explanation Ref. Debit Credit Balance Dec. 2 3,700 23,400 Dec. 3 18,000 27,100 Dec. 4 9,000 45,100 Dec. 5 21,000 54,100 Using the information from the ledger, fill out the Unadjusted Trial Balance for Smart Touch Learning as of December 31, 2016. Enter accounts in the same order as the Chart of Accounts and remember to total each column! Office Supplies Date Explanation Ref Debit Credit Bal. Nov. 1 43,784 Nov. 2 1,684 Notes Payable Date Explanation Ref Debit Credit Bala Balance Nov. 3 Account Title 6,800 Debit Credit Nov. 4 5,000 Service Revenue Date Explanation Ref Debit Credit Bal Nov.5 4,500 Nov. 6 2,400 Common Stock Date Explanation Ref Debit Credit Bala Total Nov. 7 30,700 Dividends Date Explanation Ref Debit Credit Balance Nov. 8 4,400 4,400 Depreciation Expense-Equipment Date Explanation Ref Debit Credit Balance Nov.9 1,900 1,900 Nov. 10 1,000 2,900 Calculate the ending balances in the ledger accounts. Then insert those balances in the Unadjusted Trial Balance. Check your spelling carefully and do not abbreviate. Enter account names exactly as provided in the ledger. Cash SMART TOUCH LEARNING Unadjusted Trial Balance December 31, 2016 Date Explanation Ref Debit Credit Balance Beg. Bal 6,800 6,800 Balance Account Title Debit Credit Dec 1 600 6,200 Dec s 1.700 4,500 Accounts Receivable 14.500 Dec 9 2,500 2000 Office Supplies 1.200 Dec 15 1,000 3.000 Dec. 22 2000 1.000 Prepaid Insurance 13,700 Dec 31 3000 Furniture 22,800 Accumulated Depreciation - Furniture 400 Prepaid Rent Accounts Payable 800 Date Explanation Ref Debit Credit Balance Unearned revenue 2,000 Beg Bal D Dec 1 1,600 1,500 Dec 31 1,600 Common Stoci 29,200 Utilities Payable Div dends 8,803 Date Explanation Ref Debit Credit Balance Bee B. 2,000 2,000 Rent Expense 8.000 Dec. 9 2,600 5,600 Dec 22 800 Total 80,600 80.600 Mortgage Payable Date Explanation Ref Debit Credit Balance Beg Bal D 0 0 Dec 15 22,500 Service Revenue Date Explanation Ref Debit Credit Balance Begal 4.200 4.200 Dec 15 1.900 6.100 Dec 22 2.300 8000 Dec 31 10,000 Salaries Expense Date Explanation Ref Debit Credit Balance Bestal 0 Dec 2.200 2.200 Dec 15 2.290 4 Using the unadjusted trial balance, calculate the total assets, liabilities, common stock, dividends, revenues, and expenses. Enter those amounts in the expanded accounting equation. SMART TOUCH LEARNING Unadjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash 17,600 Accounts Receivable 16,200 Office Supplies 8,100 Prepaid Rent 10,800 Prepaid Insurance Furniture 28.900 Accumulated Depreciation - Furniture 12,200 Accounts Payable 19,000 Unearned Revenue 20,300 Notes Payable 14,900 Common Stock 43,600 Dividends 12,200 Service Revenue 25,800 Rent Expense 6,700 Salaries Expense 9,500 Total 135,800 135,800 Assets Liabilities Common Stock Dividends Revenues Expenses 11 +