Question
Gillian Shaw opened Shaw's Carpet Cleaners on March 1. During March, the following transactions were completed. Mar.1 Stockholders invested $10,000 cash in the business in
Gillian Shaw opened Shaw's Carpet Cleaners on March 1. During March, the following transactions were completed.
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1. | Unbilled revenue for services performed at March 31 was $500. |
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2. | Depreciation on equipment for the month was $300. |
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3. | One-twelfth of the insurance expired. |
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4. | An inventory count shows $250 of cleaning supplies on hand at March 31. |
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| 5. Accrued but unpaid employee salaries were $550.
Prepare an adjusted trial balance with the information provided. |
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