Maple Moving Company has provided you their unadjusted account balances to before year$-$end adjustments. The Controller has asked you to prepare the Adjusted Trial Balance and has provided you with further year$-$end information.

 

 

Cash  $ $62,000$

Accounts Receivable     $51,000$

Prepaid Rent $\mathrm{ \; 1},000$

Prepaid Insurance   $750$

Supplies   $67,600$

Trucks   $176,000$

Accumulated Depreciation   $17,600$

Accounts Payable   $37,500$

Interest Payable $\mathrm{ \; 5},000$

Wages Payable   $10,000$

Unearned Revenue $\mathrm{ \; 6},600$

Notes Payable   $100,000$

Common Stock   $66,000$

Retained Earnings $\mathrm{ \; 2}3,400$

Service Revenue $\mathrm{ \; 1}67,000$

Wages Expense $\mathrm{ \; 6}1,000$

Insurance Expense   $2,750$

Rent Expense $\mathrm{ \; 1}1,000$

Supplies Expense $-$

Depreciation Expense $-$

Interest Expense $-$

$$ 

 

Required:

Use the above account balances and the following year end data to determine adjusted account balances and prepare an adjusted trial balance.

One month of rent used: $1,000$

One month of insurance used: $250$

Interest owed but not yet paid: $10,800$

Supplies on hand: $15,000$

Truck depreciation expense $35,200$

Upaid wages earned by employees: $3,500$

Unearned revenue that has been earned: $2,000$