Current Attempt in Progress The unadjusted trial balance and adjustment data for Sandhill Ridge Plumbing are provide Credit $36,870 SANDHILL RIDGE PLUMBING Trial Balance October 31, 2021 Debit Cash $14,500 Supplies 25,100 Equipment 122.900 Accumulated depreciation-equipment Vehicles 112.000 Accumulated depreciation-vehicles Accounts payable Notes payable H. Burke, capital H. Burke, drawings 36,300 Service revenue Repairs expense 28.400 Insurance expense 9.200 Interest expense 3.010 Rent expense 20.000 Salaries expense 44.700 $416.110 49,000 -7.000 54,600 68,740 199.900 5416.110 Additional information: 1. 2. 3. The equipment has an expected useful life of 10 years. The vehicles' expected useful life is eight years. A physical count showed $1,800 of supplies on hand at October 31, 2021. Accrued salaries payable at October 31: 2021, were $2,600. Interest on the 6.0% note payable is payable at the end of each month and 59,100 of the principal must be paid on December 31 each year, Interest payments are up to date as at September 30, 2021. The owner, H. Burke, invested $2.100 cash in the business on December 28, 2020. (Note: This has been correctly recorded 4 5 Account Titles Trial Balance Debit Credit Cash $14,500 $ Supplies 25,100 Equipment 122.900 Accumulated depreciation-equipment $36,870 Vehicles 112.000 Accumulated depreciation-vehicle -49.000 Accounts payable 7.000 Salaries payable Interest payable Notes payable 54,600 H. Burke, capital 68.740 H. Burke, drawings 36.300 Service revenue 199.900 Depreciation expense Repairs expense 28.400 Salaries payable Interest payable Notes payable 54,600 H. Burke, capital 68,740 H. Burke, drawings 36,300 Service revenue 199.900 Depreciation expense Repairs expense 28,400 Insurance expense 9.200 Interest expense 3,010 Rent expense 20,000 Salaries expense 44,700 Supplies expense Totals $416.110 $416.110 S Profit Totals Current Attempt in Progress The unadjusted trial balance and adjustment data for Sandhill Ridge Plumbing are provide Credit $36,870 SANDHILL RIDGE PLUMBING Trial Balance October 31, 2021 Debit Cash $14,500 Supplies 25,100 Equipment 122.900 Accumulated depreciation-equipment Vehicles 112.000 Accumulated depreciation-vehicles Accounts payable Notes payable H. Burke, capital H. Burke, drawings 36,300 Service revenue Repairs expense 28.400 Insurance expense 9.200 Interest expense 3.010 Rent expense 20.000 Salaries expense 44.700 $416.110 49,000 -7.000 54,600 68,740 199.900 5416.110 Additional information: 1. 2. 3. The equipment has an expected useful life of 10 years. The vehicles' expected useful life is eight years. A physical count showed $1,800 of supplies on hand at October 31, 2021. Accrued salaries payable at October 31: 2021, were $2,600. Interest on the 6.0% note payable is payable at the end of each month and 59,100 of the principal must be paid on December 31 each year, Interest payments are up to date as at September 30, 2021. The owner, H. Burke, invested $2.100 cash in the business on December 28, 2020. (Note: This has been correctly recorded 4 5 Account Titles Trial Balance Debit Credit Cash $14,500 $ Supplies 25,100 Equipment 122.900 Accumulated depreciation-equipment $36,870 Vehicles 112.000 Accumulated depreciation-vehicle -49.000 Accounts payable 7.000 Salaries payable Interest payable Notes payable 54,600 H. Burke, capital 68.740 H. Burke, drawings 36.300 Service revenue 199.900 Depreciation expense Repairs expense 28.400 Salaries payable Interest payable Notes payable 54,600 H. Burke, capital 68,740 H. Burke, drawings 36,300 Service revenue 199.900 Depreciation expense Repairs expense 28,400 Insurance expense 9.200 Interest expense 3,010 Rent expense 20,000 Salaries expense 44,700 Supplies expense Totals $416.110 $416.110 S Profit Totals
