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Prepare an adjusted trial balance at December 31, 2017. late Account Titles and Explanation Debit Credit ..2 Equipment 18000 Cash 18000 ..2 Depreciation Expense 430
Prepare an adjusted trial balance at December 31, 2017.
late Account Titles and Explanation Debit Credit ..2 Equipment 18000 Cash 18000 ..2 Depreciation Expense 430 Accumulated Depreciation Equipment 430 (To record depreciation expense on equipment.) Cash 3500 Accumulated Depreciation-Equipment 2330 Equipment 5300 Gain on Disposal of Plant Assets 530 (To record sale of equipment.) 15 Accounts Receivable 5200 Sales Revenue 5200 (To record sales revenue.) Cost of Goods Sold 3470 Inventory 3470 (To record cost of goods sold.) 123 Salaries and Wages Expense 6380 Cash 6380 31 1. Bad Debt Expense 3560 Allowance for Doubtful Accounts 3560 2. Interest Receivable 552 Interest Revenue 552 3. Insurance Expense 2400 Prepaid Insurance 2400 4. Depreciation Expense 4160 Accumulated Depreciation-Buildings 4160 5. Depreciation Expense 9936 Accumulated Depreciation-Equipment 9936 6. Depreciation Expense 265 Accumulated Depreciation-Equipment 265 7. Amortization Expense 1100 Patents 1100 8. Salaries and Wages Expense 2130 Salaries and Wages Dewable 2120 Prepaid Insurance 2400 4. Depreciation Expense 4160 Accumulated Depreciation-Buildings 4160 5. Depreciation Expense 9936 Accumulated Depreciation-Equipment 9936 6. Depreciation Expense 265 Accumulated Depreciation-Equipment 265 7. Amortization Expense 1100 Patents 1100 8. and Wages 2130 Salaries and Wages Payable 2130 9. Interest Expense 4760 Interest Payable 4760 10. Income Tax Expense 13900 Income Taxes Payable 13900Step by Step Solution
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