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Click the la Waldo Anvils Balance Sheet December 31, 2016 Assets Less Liabilities Choose from any list or enter any number in the innst falde
Click the la Waldo Anvils Balance Sheet December 31, 2016 Assets Less Liabilities Choose from any list or enter any number in the innst falde and then mantinna to the next question Llabilities Owner's Equity 1 of 2 (0 complete) Jata.) ustments fl 0 Data Table anation on the Unadjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash S 1,830 Accounts Receivable 18,000 Prepaid Rent 2,370 Office Supplies 2.300 Equipment 36.000 Accumulated Depreciation Equipment $ 3,000 Accounts Payable 6,300 Salaries Payable Unearned Revenue 5.200 Wal Capital 31,200 Waldo, Withdrawals 6,000 Service Revenue 23.500 Salaries Expense 2,700 Rent Expense Deprecation Expense-Equipment Supplies Expense Tot 5 69.2003 69.200 Debit CI Debit C ue to the next questi Print Dono w Read the requirements C More Info the last line of the Adjustment data a. Unearned Revenue still unearned at December 31, $1,200 b. Prepaid Rent still in force at December 31, $2,200 c. Office Supplies used, $1,100. d. Depreciation, $390. e. Accrued Salaries Expense at December 31, $350 Credit Print Done Credit The unadjusted trial balance of Waldo Anvils at December 31, 2016, and the data for the adjustments follow (Click the icon to view the unadjusted trial balance) Yr Errepur worry ou pour uur Begin by preparing the closing entries (Record debits first, then credits. Select the explanation on the last line of the journal Start by closing revenue Debit Accounts and Explanation Credit Date Dec. 31 Clos. (1) Close expenses for the period Date Accounts and Explanation Debit Credit Dec. 31 Clos. (2) Close Income Summary. Debit Credit Date Accounts and Explanation Dec. 31 Clos (3) Close withdrawals Credit Debit Date Accounts and Explanation Dec 31 Clos. (4)
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