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explain from where did they get $15,700 chapter 5 Learning Objectives 4,5 P5-41B Journalizing adjusting entries, preparing adjusted trial balance, and preparing financial statements The
explain from where did they get $15,700 chapter 5 Learning Objectives 4,5 P5-41B Journalizing adjusting entries, preparing adjusted trial balance, and preparing financial statements The unadjusted trial balance for Thomas Electronics Company follows: 2. Total Credits $490,410 THOMAS ELECTRONICS COMPANY Unadjusted Trial Balance October 31, 2016 Balance Debit Credit $ 4,400 35,200 0 45,600 5,700 131,000 $ 37,900 15,800 Account Title Cash Accounts Receivable Interest Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable, long-term Thomas, Capital Thomas, Withdrawals Sales Revenue Sales Returns and Allowances Sales Discounts Interest Revenue Cost of Goods Sold Salaries Expense (Selling) Rent Expense (Selling) Salaries Expense (Administrative) Utilities Expense (Administrative) Depreciation Expense-Equipment (Administrative) Interest Expense Total 13,700 47,000 60,700 27,000 310,000 5,500 4,000 170.500 25,000 15,300 4,900 11,000 $ 485,100 $ 485,100
explain from where did they get $15,700
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