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I've completed journal entries, an adjusted trial balance, and an income statement. However, I cannot seem to get the balance sheet to balance. Here's the
I've completed journal entries, an adjusted trial balance, and an income statement. However, I cannot seem to get the balance sheet to balance. Here's the adjusted trial balance
Adjusting Joumal Entries (Entries p. through u.) Debit Credit November 1, 2019 Beginning Balances Debit Credit 91,457.00 18,800.00 9,278.00 7,436.31 700.00 Transactions (from joumal Entries a. through o.) Debit Credit 10,285.00 16,000.00 18,500.00 9,250.00 4,000.00 515.00 3,600.00 November 30, 2019 Unadjusted Trial Balance Debit Credit 85,742.00 28,050.00 12,763.00 11,036.31 700.00 Adjusted/Ending Trial Balance Debit Credit 85,742.00 28,050.00 12,763.00 10,854.94 100.00 181.37 800.00 6,597.00 2,000.00 8,597.00 8,597.00 583.68 583.68 238.81 822.49 5,775.00 5,775.00 5,775.00 779.42 779.42 68.75 848.17 6,350.00 4,740.00 4,740.00 3,175.00 880.00 4,400.00 250.00 4,785.00 880.00 7,250.00 2,850.00 4,080.00 1,020.00 1,230.00 1,270.00 250.00 6,980.00 6,980.00 6,980.00 Acct # Description 1000 Cash 1010 Accounts Receivable 1020 Inventory 1030 Prepaid Insurance 1040 Prepaid Rent 1100 Building 1110 Computers & Software 1115 Accumulated Dep Comp 1120 Furniture & Fixtures 1125 Accumulated Dep F&F 1130 Land 1140 Machinery & Equipment 1150 Accumulated Dep M&E 2000 Accounts Payable 2010 Payroll Tax Payable 2015 Wages Payable 2020 Sales Tax Payable 2030 Unearned Revenue 2040 Line of Credit 2050 Notes Payable 3000 Peters, J., Capital 3010 Peters, M., Capital 3050 Retained Earnings 5000 Designing Revenue 5010 Furnishing Sales 5020 Cost of Goods Sold 6000 Vendor Compensation 6010 Contract Labor Expense 6020 Materials Expense 6030 Supplies Expense 6040 Wages Expense 6050 Depreciation Expense 6060 Insurance Expense 6070 Office Rent Expense 6080 Office Supplies Expense 6090 Payroll Tax Expense 6100 Postage Expense 6110 Small Tools Expense 1,000.00 1,000.00 127,975.21 1,000.00 1,000.00 127,975.21 25,480.00 990.00 1,000.00 1.000.00 127.975.21 25,480.00 990.00 25,480.00 990.00 5,100.00 307.56 181.37 800.00 5,100.00 307.56 181.37 800.00 305.00 350.00 45.00 305.00 140,043.31 58,630.00 58,630.00 162,798.31 6,388.93 6,388.93 140,043.31 0.00 162,798.31 0.00 165,455.87 165,455.87 0.00Step by Step Solution
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