Question
Prepare an adjusted trial balance based on the following adjustment data and the unadjusted trial balance. Tudhope Plumbing Unadjusted Trial Balance December 31, 2019 Debit
Prepare an adjusted trial balance based on the following adjustment data and the unadjusted trial balance.
Tudhope Plumbing
Unadjusted Trial Balance
December 31, 2019
Debit Credit
Cash $12,000
Accounts receivable 20,500
Office supplies 9,500
Prepaid insurance 10,200
Equipment 80,500
Accum. amort.-equipment $30,900
Accounts payable 15,500
Unearned service revenue 20,600
Mike Tudhope, Capital 80,200
Mike Tudhope, Withdrawals 20,600
Service revenue 63,700
Salary expense 30,600
Advertising expense 15,400
Utilities expense 9,900
Miscellaneous expense 1,700 ________
Total $210,900 $210,900
Adjustment data:
a) Office supplies on hand on December 31, 2019, amount to $4,600.
b) During the year, $5,400 of prepaid insurance expired.
c) Amortization on equipment for the year is $12,400.
d) Unearned service revenue on December 31, 2019, amounts to $6,800.
e) Salaries owed to employees on December 31, 2019, amount to $3,300.
INSTRUCTION: Write adjusting entries and adjusted trial balance.(complete your answer in the e learning only. No attachments allowed)Step by Step Solution
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