Eva's Laundry Adjusted trial balance May 31, 20Y9

Calculator Adjusting Entries from Trial Balances The accountant for Eva's Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances in the unadjusted trial balance and the amounts of the adjustments are correct. Eva's Laundry Trial Balances May 31, 2019 Unadjusted Adjusted Debit Balances Credit Balances Debit Balances Credit Balances Cash 7,500 7,500 Accounts Receivable 18,250 23,250 Laundry Supplies 3,750 6,750 Prepaid Insurance 5,200 1,600 Laundry Equipment 190,000 177,000 Accumulated Depreciation--Laundry Equipment 48,000 48,000 Accounts Payable 9,600 9,600 Wages Payable 1,000 Common Stock 35,000 35,000 Retained Earnings 75,300 75,300 Activate Windows Go to Previous activaN Calculator 190,000 177,000 Laundry Equipment Accumulated Depreciation-Laundry Equipment Accounts Payable 48,000 48,000 9,600 9,600 Wages Payable Common Stock 35,000 1,000 35,000 75,300 Retained Earnings 75,300 Dividends 28,775 28,775 Laundry Revenue 182,100 182,100 Wages Expense 49,200 49,200 25,575 Rent Expense 25,575 Utilities Expense 18,500 18,500 13,000 3,000 Depreciation Expense Laundry Supplies Expense Insurance Expense Miscellaneous Expense 600 3,250 3,250 350,000 350,000 358,000 351,000 -3,600 of insurance expired during the year. Identify the errors in the accountant's adjusting entries by preparing a corrected adjusted trial balance. Assume that none of the accounts were affected by more than one adjusting entry. If an amount box does not require an entry, leave it blank. Activate Windows Go to Previous activa Next > Calculator Debit Balances Credit Balances Cash Accounts Receivable Laundry Supplies Prepaid Insurance Laundry Equipment Accumulated Depreciation-Laundry Equipment Accounts Payable Wages Payable Common Stock Retained Earnings Dividends Laundry Revenue Wages Expense Rent Expense Utilities Expense Depreciation Expense Laundry Supplies Expense Insurance Expense Miscellaneous Expense Totals Activate