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On January 31, 20X1, the general ledger of Johnson Company showed the following account balances. Accounts Cash 62,500 Accounts receivable 22,000 Supplies 8,500 Prepaid insurance
On January 31, 20X1, the general ledger of Johnson Company showed the following account balances. Accounts Cash 62,500 Accounts receivable 22,000 Supplies 8,500 Prepaid insurance 7,700 Equipment 91,000 Accumulated depreciation-Equipment 0 Accounts payable 16,200 Elicia Johnson, Capital 81,450 Fees income 114,500 Rent expense 10,100 Salaries expense 10,350 Supplies expense Insurance expense Depreciation expense-Equipment e Additional information: a. Supplies used during January totaled $5,450. b. Expired insurance totaled $1,925 c. Depreciation expense for the month was $1,700. < Prev 3 of 4 Next > Complete the worksheet through the Adjusted Trial Balance section. Assume that every account has the normal debit or credit balance. The worksheet covers the month of January. Cash JOHNSON COMPANY Worksheet (Partial) Month Ended January 31, 20X1 Trial Balance Adjustments Adjusted Trial Balance Account Name Debit Credit Debit Credit Debit Credit Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-Equipment Accounts payable Elicia Johnson, Capital Foos income Rent expense Salaries expense Grinnline avanes < Prev 3 of 4 Next >
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