How do you prepare an adjusted trial balance.

AutoSave . Off) GEt prof to check - Compatibility M... - Saved . Search Grayce Newton GN X File Home Insert Draw Page Layout Formulas Data Review View Help Share Comments Insert LO X Arial 10 ~ A" A" ab Wrap Text General Ex AY O BIU ~ EEE CEE Merge & Center $ ~ % " -0 Conditional Format as Cell Delete ~ Paste Formatting * Table Styles [Format Sort & Find & Ideas Sensitivity Filter ~ Select v Clipboard Font Alignment Number Styles Cells Editing Ideas Sensitivity X V fc A B C D E F G H J K L M N P Q R 32 Sales Revenue 647,500.00 33 Rent Revenue 34 Bad Debts Expense 35 Interest Expense 36 Cost of Goods Sold 326,500.00 37 Depreciation Expense 38 Other Operating Expenses 128,308.25 39 Payroll Tax Expense 40 Sales Salaries Expense 41 Total 1,091,808.25 $ 1,091,808.25 42 43 44 Unrecorded transactions: 45 Sept. 1 Autumn issued 4,650 shares of $10 par value common stock for $129,250. 46 Oct. 1 Autumn purchased 750 shares of its own stock for $45 per share. 47 Nov. 30 Autumn issued 2, 100 shares of $20 par, 6% preferred stock for $118,950 48 Dec. 15 Autumn declared a $1.25 per share dividend on the outstanding common stock, payable on 49 January 15, 2018. 50 Dec. 31 Autumn estimates that uncollectible accounts receivable at year end is $4,000. 51 Dec. 31 The building is being depreciated using the straight line method over 20 years. The salvage 52 value is $15,000. Record the annual depreciation. 53 Dec. 31 The equipment is being depreciated using the units of production method over 10 years or 54 75,000 hours. The salvage value is $5,000. The equipment was used 7,400 hours this year 55 Dec. 31 The unearned rent represents receipt of 4 months' rent in advance (November 1, 2017 through 56 February 28, 2018). Prepare the December adjusting entry. 57 Dec. 31 Autumn employs 6 salespeople, each of whom earn $4,500 per month and have been employed 58 since January 1. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, 59 and FICA Medicare taxes are 1.45% of gross pay. Prepare the employer's entry to record December 60 employee payroll expenses, including federal income tax withheld of $3,375 and union dues of $120. 61 Dec. 31 Prepare the employer's payroll tax expense for December. FUTA taxes are 0.6% and SUTA taxes Data & instructions Autumn TB Journal Adj. Trial Balance Income Statement Retained [ ... (+ : 4 + 90% O Type here to search w 8:09 PM 12/2/19AutoSave . Off) GEt prof to check - Compatibility M... - Saved . Search Grayce Newton GN X File Home Insert Draw Page Layout Formulas Data Review View Help Share Comments LO X Arial 10 " A" A" = ab Wrap Text General Insert Ex AY O Delete ~ Paste BIU ~ E CEE Merge & Center $ ~ % " -0 Conditional Format as Cell Sort & Find & Formatting * Table Styles [Format Ideas Sensitivity Filter ~ Select v Clipboard Font Alignment Number Styles Cells Editing Ideas Sensitivity R6 X V B C D E F H J K L N P Q A G M R 47 Nov. 30 Autumn issued 2,100 shares of $20 par, 6% preferred stock for $118,950. 48 Dec. 15 Autumn declared a $1.25 per share dividend on the outstanding common stock, payable on 49 January 15, 2018 50 Dec. 31 Autumn estimates that uncollectible accounts receivable at year end is $4,000 51 Dec. 31 The building is being depreciated using the straight line method over 20 years. The salvage 52 value is $15,000. Record the annual depreciation. 53 Dec. 31 The equipment is being depreciated using the units of production method over 10 years or 54 75,000 hours. The salvage value is $5,000. The equipment was used 7,400 hours this year 55 Dec. 31 The unearned rent represents receipt of 4 months' rent in advance (November 1, 2017 through 56 February 28, 2018). Prepare the December adjusting entry. 57 Dec. 31 Autumn employs 6 salespeople, each of whom earn $4,500 per month and have been employed 58 since January 1. FICA Social Security taxes are 6.2% of the first $118,500 paid to each employee, 59 and FICA Medicare taxes are 1.45% of gross pay. Prepare the employer's entry to record December 60 employee payroll expenses, including federal income tax withheld of $3,375 and union dues of $120. 61 Dec. 31 Prepare the employer's payroll tax expense for December. FUTA taxes are 0.6% and SUTA taxes 62 are 5.4% of the first $7,000 paid to each employee. 63 Dec. 31 Autumn borrowed $45,000 from First State Bank on October 8, 2017. The note is due on February 64 3, 2018 (120 days) and the bank is charging 6% interest. Record the accrued interest at year-end. 65 66 67 68 69 70 71 72 73 74 75 76 Data & instructions Autumn TB Journal Adj. Trial Balance Income Statement Retained [ ... (+ : 4 + 90% 8:09 PM O Type here to search W 12/2/19AutoSave . Off) GEt prof to check - Compatibility M... - Saved . Search Grayce Newton GN X File Home Insert Draw Page Layout Formulas Data Review View Help Share Comments X Arial 10 " A" A" ab Wrap Text General Insert Ex AY O Paste BIU ~ E CEE Merge & Center $ ~ % " -0 Conditional Format as Cell Delete ~ Format Sort & Find & Ideas Sensitivity Formatting * Table Styles Filter * Select v Clipboard Font Alignment Number Styles Cells Editing Ideas Sensitivity X V fix A B C D E F G H J K L M N P Q R JOUAWN Trial Balance December 31, 2017 Debit Credit |Cash 79,000.00 7 Accounts Receivable 82,000.00 Allowance for Doubtful Accounts $ 825.00 9 Inventory 36,500.00 10 Land 129,500.00 11 Buildings 185,000.00 12 Accumulated Depreciation - Buildings $ 34,000.00 13 Equipment 125,000.00 14 Accumulated Depreciation - Equipment 14,400.00 15 Accounts Payable 38,075.00 16 Dividends Payable 17 Unearned Rent Revenue 16,000.00 18 Notes Payable 45,000.00 19 Interest Payable 20 FICA SS Payable 17,391.00 21 FICA Medicare Payable 4,067.25 22 Federal Income Tax Payable 37,125.00 23 Union Dues Payable 1,375.00 24 Salaries Payable 25 Bonds Payable (10%) 125,000.00 26 Common Stock ($10 par) 30,000.00 27 Paid-In Capital in Excess of Par - Common Stock 6,000.00 28 Preferred Stock ($20 par) 29 Paid-In Capital in Excess of Par - Preferred Stock 30 Retained Earnings 75,050.00 31 Treasury Stock Data & instructions Autumn TB Journal Adj. Trial Balance Income Statement Retained [ ... (+ : 4 + 90% O Type here to search W 8:08 PM 12/2/19