Question
On January 31, 2019, the general ledger of Palmer Company showed the following account balances. ACCOUNTS Cash 61,800 Accounts Receivable 21,300 Supplies 7,800 Prepaid Insurance
On January 31, 2019, the general ledger of Palmer Company showed the following account balances.
ACCOUNTS
Cash 61,800
Accounts Receivable 21,300
Supplies 7,800
Prepaid Insurance 7,000
Equipment 90,300
Accum. Depr.Equip. 0
Accounts Payable 15,500
Sadie Palmer, Capital 80,750
Fees Income 111,000
Depreciation Exp.Equip. 0
Insurance Expense 0
Rent Expense 9,400
Salaries Expense 9,650
Supplies Expense 0
- Supplies used during January totaled $5,100.
- Expired insurance totaled $1,750.
- Depreciation expense for the month was $1,525.
Can you show me how a worksheet would look through the Adjusted Trial Balance section. Every account has the normal debit or credit balance. The worksheet covers the month of January. My columns include a debit and credit for Trial Balance, a debit and credit for Adjustments, and a debit and credit for Adjusted Trial Balance.
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