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Gonzalo Construction is a construction company owned and operated by Robert Gonzalo. The following Adjusted Trial Balance was prepared for the year ended December 31,
Gonzalo Construction is a construction company owned and operated by Robert Gonzalo. The following Adjusted Trial Balance was prepared for the year ended December 31, 2018. Gonzalo Construction Adjusted Trial Balance December 31, 2018 Debit Credit Account Title 27.500 Cash 53,500 Accounts Receivable 1.200 Supplies 30.500 Omce Equipment 5.250 Accumulated Depreciation 3.300 Accounts Payable 450 Salaries Payable 30.000 Capital Stock 52 200 Retained Earnings 2.000 Dividends 60,000 Fees Eamed 32.450 Salary Expense 1.800 Supplies Expense 750 Depreciation Expense 1,500 Miscellaneous Expense 151.200 151.200 Total Links Address Desktop Gonzalo Construction Current Assets: Cash 27.500 Account Receivable 53.500 Supplies 1,200 Total Current Assets 82,200 Property. Plant and Equipment: Office Equipment 30.500 Total Property. Plant and Equipment Total Assets 107 450 Current Liabilities: Accounts Payable 450 Salaries Payable 3.750 Total Liabilities 30.000 Capital Stock Retained Earnings 103.700 Total Stockholder's Equity Total Liabilities and Stockholder's Equity
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