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Company has provided the following unadjusted trial balance at its June 30 current fiscal year-end. The credit balance of Capital account was $53,300 on
Company has provided the following unadjusted trial balance at its June 30 current fiscal year-end. The credit balance of Capital account was $53,300 on June 30 of the prior year, and the owner invested $23,000 cash during the current fiscal ACCENTURE COMPANY Unadjusted Trial Balance June 30 Account Title Cash Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Interest payable Rent payable Wages payable Property taxes payable. Long-term notes payable V. Ace, Capital Debit $ 19,500 Credit 7,500 6,000 128,370 $ 25,500 5,600 0 0 0 23,000 76,300 V. Ace, Withdrawals 28,000 Construction revenue 132,000 Depreciation expense-Equipment 0 Wages expense 50,000 Interest expense 2,530 Insurance expense Rent expense 10,000 Supplies expense) 0 Property taxes expense Repairs expense Utilities expense Totals its: 4,400 2,600 3,500 $ 262,400 $262,400 s available at the end of the current fiscal year total $2,700. expired insurance for the current fiscal year is $3,780. depreciation on equipment is $8,200. ilities expense of $530 is not included in the unadjusted trial balance because the bill arrived after the trial balance was d. The $530 amount owed must be recorded. ees have earned $1,300 of accrued and unpaid wages at fiscal year-end. pense incurred and not yet paid or recorded at fiscal year-end is $400. hal property taxes of $500 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end. f accrued interest for June has not yet been paid or recorded. a 10-column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using additional information. te this question by entering your answers in the tabs below. ACCENTURE COMPANY Work Sheet Save & Exit Subm For Year Ended June 30 Unadjusted Trial Balance Sheet and Adjustments Balance Account Title Debit Credit Debit Credit Debit Adjusted Trial Balance Credit Income Statement of Owner's Em Debit Credit Debit Cash $ 19,500 Supplies 7,500 Prepaid insurance 6,000 Equipment 128,370 Accumulated depreciation-Equipment 25,500 Accounts payable Interest payable 5,600 Rent payable Wages payable Property taxes payable Long-term notes payable 23,000 V. Ace, Capital 76,300 V. Ace, Withdrawals 28,000 Construction revenue 132,000 Depreciation expense-Equipment Wages expense 50,000 Interest expense 2,530 Insurance expense Rent expense 10,000 Accumulated depreciation-Equipment 25,500 Accounts payable 5,600 Interest payable Rent payable Wages payable Property taxes payable Long-term notes payable V. Ace, Capital 23,000 76,300 28,000 132,000 V. Ace, Withdrawals Construction revenue Depreciation expense-Equipment Wages expense 50,000 Interest expense 2.530 Insurance expense Rent expense 10,000 Supplies expense Property taxes expense Repairs expense Uuities expense Totals Net Income Totais 4,400 2,000 3,500 $262,400 $262,400 Regidred 1
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