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Create an account ledger using the information provided. T-Account Style. Williams Co. Unadjusted Trial Balance June 30, 2021 Debit Credit Cash $ 90,000 Accounts receivable
Create an account ledger using the information provided. T-Account Style.
Williams Co. Unadjusted Trial Balance June 30, 2021 Debit Credit Cash $ 90,000 Accounts receivable $ 125,000 Supplies 1,500 Prepaid Insurance 6,000 Prepaid Rent 4,000 Equipment 30,000 Accumulated depreciation 6,000 Accounts Payable 15,000 Unearned Service Revenue 4,000 Note payable 25,000 Owner's Capital 96,100 Owner's Drawings 15,000 Service Revenue 150,000 Salaries Expense 24,000 Interest Expense 600 $ 296,100 $ 296,100 Information regarding adjustments: Unearned revenue earned $ 1,000 Supplies remaining 200 Depreciation expense $ 600 Accrued salaries $ 4,000 Prepaid insurance expired $ 500 Rent incurred this period $ 1,000 Utility bill received but not yet paid $ 200Step by Step Solution
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