Exercise 3-17 Adjusting entries L04,6 eXcel CHECK FIGURE: Adjusted trial balance, debits = $511,500 1 4 Home P18 Insert Page Layout Formulas fx Data 6 7 Cash 8 Accounts receivable 9 Prepaid insurance 10 Equipment 11 Accumulated depreciation, equipment Additional Information: 12 Accounts payable 13 Abraham Nuna, capital 14 Abraham Nuna, withdrawals 15 Revenues 16 Depreciation expense, equipment 17 Salaries expense 18 Insurance expense 19 Totals Nuna Music Trial Balances.xls Review View Nuna Music Trial Balances February 28, 2017 Unadjusted Trial Balance Dr. $ 14,000 32,000 16,800 102,000 102,000 Cr. $ 23,000 19,000 213,000 214,000 --0- 187,700 14,500 $469,000 $469,000 Adjustments Dr. Cr. a. Annual depreciation of the equipment; $11,500. b. $12,000 of the Prepaid Insurance balance has expired. e. Unbilled and unrecorded revenues at year-end totalled $31,000. Adjusted Trial Balance Dr. Cr.

Exercise 3-17 Adjusting entries L04,6 \& cel CHECK FIGURE: Adjusted trial balance, debits =$511,500 Addtional Information: a. Annual depreciation of the equipment; $11,500. b. $12,000 of the Prepaid Insurance balance has expired. c. Unbilled and unrecorded revenues at year-end totalled $31,000