Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Extra Hands Company has journalized the adjusting entries for the period ending December 31, 2018, and posted the adjustments to the following T-accounts. (Click the

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Extra Hands Company has journalized the adjusting entries for the period ending December 31, 2018, and posted the adjustments to the following T-accounts. (Click the icon to view the T-accounts.) Using this data, prepare an adjusted trial balance Extra Hands Company Adjusted Trial Balance December 31, 2018 i Reference Cash Dec. 311.000 Accounts Payable 1,800 Dec. 31 Service Revenue 20,000 Dec. 31 380 (e) 20,380 Bal. Bal. 1,000 1,800 Bal. ta, prepare an adjusted trial balance. December 31, 2018 * Reference Office Supplies 3,000 1.800(a) Salaries Payable 300 (d) Dec. 31 Dec. 31. Salaries Expense 8,000 300 8,300 Bal. 1,200 300 Bal Bal. Prepaid Insurance Unearned Revenue Supplies Expense Print Done Revenue Reference Prepaid Insurance 900 570 (6) Dec. 31 Unearned Revenue 380 600 Dec 31 (a) Supplies Expense 1,800 Bal. 330 220 Bal. Bal. 1,800 Equipment 29,000 Dec. 31 Common Stock 13,500 Dec 31 Depr. Expense-Equipment 530 (c) Equipment 29,000 Common Stock 13,500 Dec. 31. (c) Depr. Expense-Equipmen 530 29,000 13,500 Bal. Bal. 530/ Insurance Expense Accum. Depr.-Equipment 9,000 Dec. 31 530 in Dividends 3,000 Dec. 31. rence C. 31 29,000 13,500 Dec. 31. (C) 530 -al. 29,000 13,500 Bal. Bal. 530 Dividends Insurance Expense Dec. 31. 3,000 570 Accum. Depr.-Equipment 9,000 Dec. 31 530 (c) 9,530 Bal. Bal 3,000 Bal. 570

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Current Issues In Auditing Fraternity Modern Auditing And Auditors Issues

Authors: Nancy Myle

1st Edition

B0BCSDPYMD, 979-8849756974

More Books

Students also viewed these Accounting questions