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Do the categories on the adjusted trial balance look like they are all in the correct place? Thank you! Prepare an adjusted trial balance in
Do the categories on the adjusted trial balance look like they are all in the correct place? Thank you!
Prepare an adjusted trial balance in proper format. | ||
Account Title | Debits | Credits |
Cash | $97,318.00 | |
Accounts Receivable | $22,000.00 | |
Inventory | $26,500.00 | |
Prepaid Rent | $3,500.00 | |
Notes Receivable | $20,000.00 | |
Equipment | $15,000.00 | |
Office Supplies | $850.00 | |
Utilities Expense | $1,500.00 | |
Accumulated Depreciation-Equipment | $167.00 | |
Accounts Payable | $35,850.00 | |
Notes Payable | $25,000.00 | |
Utilities Payable | $1,500.00 | |
Payroll Taxes | $1,618.00 | |
Interest Payable | $21.00 | |
Income Tax Payable | $5,842.31 | |
Common Stock | $100,000.00 | |
Unearned Sales Revenue | $2,200.00 | |
Dividends | $1,000.00 | |
Sales Revenue | $57,000.00 | |
Cost of Goods Sold | $28,500.00 | |
Salaries Expense | $3,500.00 | |
Rent Expense | $3,500.00 | |
Depreciation Expense | $167.00 | |
Interest Expense | $21.00 | |
Income Tax Expense | $5,842.31 | |
$229,198.31 | $229,198.31 |
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