I need steps on how to do i figure out if i add regular pay or less
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I need steps on how to do i figure out if i add regular pay or less regular pay and how i come up with the figures.
BUS3061 Assignment u02a3 Template BUS3061 Fundamentals of Accounting Southwest Business School Adjusted Trial Balance December 31 20XX Debit ($) Cash............................................................................................ 26,000 Accounts receivable..................................................................... 7,500 Teaching supplies........................................................................ 2,600 Prepaid insurance........................................................................ 12,000 Prepaid rent................................................................................. 0 Professional library...................................................................... 30,000 Accumulated depreciationProfessional library.......................... Equipment.................................................................................... Credit ($) 15,000 70,000 Accumulated depreciationEquipment....................................... 28,000 Accounts payable......................................................................... 36,000 Salaries payable.......................................................................... 400 Unearned training fees................................................................. 6,600 Common stock............................................................................. 10,000 Retained earnings........................................................................ 53,600 Dividends..................................................................................... 40,000 Tuition fees earned...................................................................... 1,09,500 Training fees earned.................................................................... 42,400 Depreciation expenseProfessional library................................ 6,000 Depreciation expenseEquipment.............................................. 12,000 Salaries expense......................................................................... 48,400 Insurance expense....................................................................... 3,000 Rent expense............................................................................... 24,000 Teaching supplies expense.......................................................... 7,400 Advertising expense..................................................................... 7,000 Utilities expense........................................................................... 5,600 _______ Totals.......................................................................................... $3,01,500 $3,01,500 Capella Proprietary and Confidential ShortDoc_Internal.doc Last updated: 11/9/2016 9:54 AM 1 Southwest Business School Income Statement For Year Ended December 31, 20XX Capella Proprietary and Confidential ShortDoc_Internal.doc Last updated: 11/9/2016 9:54 AM 2
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