Question
Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter accounts in order of assets, liabilities, owner capital, owner
Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter accounts in order of assets, liabilities, owner capital, owner withdrawals, revenues, and expenses. Assume all accounts have normal balances. Accounts Payable 14,040 SMART TOUCH LEARNING Accounts Receivable 9,720 Adjusted Trial Balance Accumulated Depreciation-Furniture 11,880 December 31, 2016 Cash 68,040 Bright, Capital 109,080 Account Title Bright. Withdrawals 41,040 Accounts Payable Balance Debit Credit 14040 Depreciation Expense-Furniture 2,160 accounts receivable 9720 Furniture 30,240 accumulated depreciation-furniture 11880 Interest Expense 10,800 cash 68040 Interest Payable 7.560 Bright Capital Notes Payable 17,280 Bright. Withdrawals 109080 41040 Office Supplies 12,960 Depreciation Expense-Furniture 2160 Prepaid Rent 28.080 Furniture 30240 Rent Expense 6,480 Interest Expense 10800 Salaries Expense 5.400 interest payable 7560 Salaries Payable 1,640 notes payable 17280 Service Revenue 21,600 Office Supplies 12960 Supplies Expense 1,080 Prepaid Rent 28080
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