Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Complete the worksheet with adjustments. 1. You have used up all of your office supplies this period. 2. You have used $431.50 of your
Complete the worksheet with adjustments. 1. You have used up all of your office supplies this period. 2. You have used $431.50 of your insurance. 3. You have spent $90 on Hydro this period but the bill has not arrived. B C D E A 1 Unit 9 Activity 2 2 3 23 4 FL 5 Trial Balance Adjustments Income Sta Account 6 Debit Credit Debit Credit Debit 7 Bank 516.20 8 Accounts Receivabl 9,255.50 9 Office Supplies 1,525.00 10 Prepaid Insurance 10,356.00 11 Automobiles 19,255.65 12 Professional Library 5,363.25 13 Accounts Payable 2,618.25 14 HST Payable 650.00 15 HST Recoverable 410.00 16 Ying Lo, Capital 34,024.81 17 Ying Lo, Drawings 20,000.00 18 Fees Earned 55,285.00 19 Car Expense 4,592.36 20 Utitlites Expense 589.25 21 Miscellaneous Expe 1,254.85 22 Rent Expense 7,200.00 23 Salaries Expense 9,235.00 24 Telephone Expense 3,025.00 F B D 10 Prepaid Insurance 10,356.00 11 Automobiles 19,255.65 12 13 Professional Library 5,363.25 Accounts Payable 2,618.25 14 HST Payable 650.00 15 HST Recoverable 410.00 16 Ying Lo, Capital 34,024.81 20,000.00 55,285.00 4,592.36 589.25 17 Ying Lo, Drawings 18 Fees Earned 19 Car Expense 20 21 Utitlites Expense Miscellaneous Expe 1,254.85 22 Rent Expense Salaries Expense 23 7,200.00 9,235.00 24 Telephone Expense 3,025.00 25 26 31 34 35 22222222222222333 27 28 Supplies Expense Insurance Expense 29 30 Hydro Expense ** ** $92,578.06 92,578.06 **
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started