La Mesa Laundry Unadjusted Trial Balance August 31, 2019 Debit BalancesCredit Balances Cash3,800Laundry Supplies9,000Prepaid Insurance6,000Laundry Equipment180,800Accumulated Depreciation49,200Accounts
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La Mesa Laundry
Unadjusted Trial Balance
August 31, 2019Debit BalancesCredit BalancesCash3,800Laundry Supplies9,000Prepaid Insurance6,000Laundry Equipment180,800Accumulated Depreciation49,200Accounts Payable7,800Bobbi Downey, Capital95,000Bobbi Downey, Drawing2,400Laundry Revenue248,000Wages Expense135,800Rent Expense43,200Utilities Expense16,000Miscellaneous Expense3,000400,000400,000
The data needed to determine year-end adjustments are as follows:
- Wages accrued but not paid at August 31 are $2,200.
- Depreciation of equipment during the year is $8,150.
- Laundry supplies on hand at August 31 are $2,000.
- Insurance premiums expired during the year are $5,300.
Bobbi Downey, Capital
Aug. 31 Clos. 2400. Aug. 31 Bal. 95,000
Aug. 31 Bal. 27350
Aug. 31 Bal.119950
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