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GL0403 (Algo) - Based on Problem 4-2A LO C1, P1, P2 The unadjusted trial balance for Lee Construction Company at its June 30 current
GL0403 (Algo) - Based on Problem 4-2A LO C1, P1, P2 The unadjusted trial balance for Lee Construction Company at its June 30 current fiscal year-end, is found on the trial balance tab. The credit balance of the H. Lee, Capital account was $62,000 on June 30 of the prior year, and the owner Invested $60,000 cash during the current fiscal year. Information for adjustments is as follows: a. Supplies available at the end of the current fiscal year total $3,500. b. Cost of expired Insurance for the current fiscal year is $2,600. c. Annual depreciation on equipment is $32,400. d. June utilities expense of $950 is not Included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $950 amount owed must be recorded. e. Employees have earned $5,850 of accrued and unpaid wages at fiscal year-end. f. Rent expense Incurred and not yet paid or recorded at fiscal year-end is $3,000. g. Additional property taxes of $1,950 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end. h. $300 accrued Interest for June has not yet been paid or recorded. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Post Closing Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Adjusted Current assets: Plant assets: LEE CONSTRUCTION COMPANY Balance Sheet June 30 ASSETS LIABILITIES AND EQUITY Current liabilities: Noncurrent liabilities Equity I need $ 0 0 0 0 help with 911 highlighted $ 0 0 thx 0 0 0 0 $ 0 0 < St Owners Equity Post Closing > -All
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