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How do I get the balances the same? Also, am i adding the information to the appropriate side debit or credit meaning Unadjusted Trial Balance
How do I get the balances the same? Also, am i adding the information to the appropriate side debit or credit meaning
Unadjusted Trial Balance | Adjusting Entries | Adjusted Trial Balance | ||||||||||||
Debit | Credit | Debit | Credit | Debit | Credit | |||||||||
Cash | 38,716,550 | 38,716,550 | ||||||||||||
spaceship | 17,000,000 | |||||||||||||
accounts receivable | 8,300,000 | |||||||||||||
prepaid insurance | 547,200 | |||||||||||||
supplies | 2,450,000 | |||||||||||||
accounts payable | 1,660,000 | |||||||||||||
notes payable | 9,300,000 | |||||||||||||
unearned revenue | 2,980,000 | |||||||||||||
common stock | 47,000,000 | |||||||||||||
dividends | 1,850,000 | |||||||||||||
revenue | 10,500,000 | 10,500,000 | ||||||||||||
fuel expense | 1,800,750 | |||||||||||||
wage expense | 775,000 | |||||||||||||
Totals | 69,638,750 | 73,240,750 | ||||||||||||
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