Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help on entering the amounts in the expanded accounting equation. please? SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title

I need help on entering the amounts in the expanded accounting equation. please?

image text in transcribed

SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash 19.900 Accounts Receivable 11,000 Office Supplies 200 Prepaid Rent 13,300 Furniture 23,300 Accumulated Depreciation--Furniture 7.900 Accounts Payable 2,600 Salaries Payable Interest Payable Unearned Revenue 6.600 Notes Payable 9,300 Bright, Capital 73.400 Bright Withdrawals 33,900 Service Revenue 13.300 Depreciation Expense--Furniture 2,600 Interest Expense 300 Rent Expense 3.900 Salaries Expense 4,600 Supplies Expense 1,000 Total 114.000 114,000 Assets = Liabilities + Owner, Capital Owner, Withdrawals Revenues Expenses

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Expert Fraud Investigation A Step By Step Guide

Authors: Tracy Coenen

1st Edition

0470387963, 978-0470387962

More Books

Students also viewed these Accounting questions

Question

=+ (b) Show that the condition is sufficient as well.

Answered: 1 week ago