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Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter accounts in order of assets, liabilities, common stock, dividends, revenues,
Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter accounts in order of assets, liabilities, common stock, dividends, revenues, and expenses. Assume all accounts have normal balances. Accounts Payable 5,200 Accounts Receivable 3,250 Accumulated Depreciation--Furniture 5,850 Cash 14,300 Balance Common Stock 55,900 Account Title Debit Credit Cost of Goods Sold 1,950 Depreciation Expense--Furnitur 7,800 Dividends 11,700 Furniture 23,400 Income Tax Expense 9,100 Income Taxes Payable 9,750 Inventory 10,400 Notes Payable 3,250 Inventory 10,400 Notes Payable 3,250 Office Supplies 3,900 Prepaid Rent 6,500 Rent Expense 13,000 Salaries Expense 18,200 Salaries Payable 2,600 Service Revenue 39,650 Supplies Expense 2,600
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