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Debit Credit Cash 32000 Accounts receivable 17300 Prepared insurance 6400 Land 10000 Accounts payable 10900 Salaries payable 6000 Common stock 31000 Retained earnings 4200 Dividends
| Debit | Credit | |
| Cash | 32000 | |
| Accounts receivable | 17300 | |
| Prepared insurance | 6400 | |
| Land | 10000 | |
| Accounts payable | 10900 | |
| Salaries payable | 6000 | |
| Common stock | 31000 | |
| Retained earnings | 4200 | |
| Dividends | 8000 | |
| Service revenue | 74000 | |
| Insurance expense | 5600 | |
| Salaries expense | 24000 | |
| Miscellaneous expense | 22800 | |
| 126,100 | 126,100 |
Adjusted trail balance. Prepare Financial Statements for Company Y.
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Auditing Cases An Interactive Learning Approach
Authors: Mark S Beasley, Frank A. Buckless, Steven M. Glover, Douglas F Prawitt
7th Edition
0134421825, 9780134421827
