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LO 3 4 P3-71B. (Learning Objectives 3, 4: Preparing an adjusted trial balance and the financial statements) Consider the unadjusted trial balance of Glasgow, Inc.,
LO 3 4 P3-71B. (Learning Objectives 3, 4: Preparing an adjusted trial balance and the financial statements) Consider the unadjusted trial balance of Glasgow, Inc., at August 31, 20X6, and the related month-end adjustment data. 1 2 A1 Glasgow, Inc. Trial Balance Worksheet August 31, 20X6 Account Cash 3 4 5 Accounts receivable 6 7 Supplies 8 Furniture 9 Accumulated depreciation 10 Accounts payable Prepaid rent 11 Salary payable 12 Share capital 13 Retained earnings 14 Dividends 15 Service revenue 16 Salary expense 17 Rent expense 18 Utilities expense 19 Depreciation expense 20 Supplies expense 21 Total 22 B Trial Balance Debit 9,300 1,600 2,400 2,200 81,000 3,800 3,200 600 C 104,100 Credit 4,000 3,500 15,200 71,000 10,400 104,100 D G Adjustments Adjusted Trial Balance Debit Credit Debit Credit
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