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PR 4-1B Financial statements and closing entries Last Chance Company offers legal consulting advice to prison inmates. Last Chance prepa the end-of-period spreadsheet that follows
PR 4-1B Financial statements and closing entries Last Chance Company offers legal consulting advice to prison inmates. Last Chance prepa the end-of-period spreadsheet that follows at June 30, 2018, the end of the fiscal year Ob 1,2 Fo Last Chance End-of-Period Spreadsheet For the Year Ended June 30, 2018 Unadjusted Trial Balance Adjusted Trial Balance Adjustments 6 Account Title 8 Cash 5,100 26,500 1300 2,300 Accounts Recelivable 22,750 750 Prepaid Insurance 1 Supplies 2,025 80,000 340,000 13 Bulidhg 14 Accum. Degr-Build 15 Equipme nt 340,000 193,000 Accum. Dep 54450 4550 59,000 Accounts Payable 9,750 8 Salartes& Wages 19 Uneamed Rent Common Stock 21 Retained Eamhg 4500 3,000 271,300 Dividends 20,000 20,000 280,000 Fees Earned Rent Revenue 145,100 86,800 30,000 147,000 85,800 30,000 18,750 4550 25 Salartes& Wages E . Advertising Expense 27 Uslides Expense 28Travel Expense Degr. Exp-Equipment Depr. Exp 31 Supplies Expense 1,500 1,300 5,875 13 200 32 Insurance 33 Msc. 5,875
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