Question
Prepare an unadjusted trial balance for Your name Company at December 31, 2013. Then proceed to the adjustments tab. 401K Payable - Accounts payable 215,000.00
Prepare an unadjusted trial balance for "Your name" Company | ||
at December 31, 2013. Then proceed to the adjustments tab. | ||
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401K Payable | - |
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Accounts payable | 215,000.00 |
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Accounts receivable | 150,000.00 |
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Accumulated depreciation - buildings | 338,000.00 |
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Accumulated depreciation - equipment | 14,550.00 |
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Accumulated depreciation - furniture | 17,950.00 |
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Advertising expense | - |
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Allowance for doubtful accounts | 21,500.00 |
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Bad debt expense | - |
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Buildings | 1,500,000.00 |
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Cash | 30,925.00 |
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Common stock | 500,000.00 |
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Cost of goods sold | 405,000.00 |
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Depreciation expense - building | - |
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Depreciation expense - equipment | - |
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Depreciation expense - furniture | - |
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Dividends | 25,000.00 |
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Equipment | 20,000.00 |
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Federal income tax payable | - |
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Furniture | 55,000.00 |
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Gain on the sale of old furniture | 5,000.00 |
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Income tax expense | 50,000.00 |
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Income tax payable | 50,000.00 |
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Interest expense | - |
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Interest payable | - |
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Interest receivable | - |
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Interest revenue | - |
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Inventories | 418,500.00 |
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Land | 647,700.00 |
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Long-term notes payable | 1,250,000.00 |
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Notes Receivable | 46,875.00 |
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Other operating expenses | 50,000.00 |
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Payroll tax expense | - |
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Payroll tax payable - employee | - |
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Payroll tax payable - employer | - |
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Prepaid advertising | 24,000.00 |
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Rent expense | 130,000.00 |
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Retained earnings (beginning of year) | 300,000.00 |
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Salaries expense | 168,000.00 |
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Salaries payable | - |
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Sales | 1,075,000.00 |
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Short-term investments | 100,000.00 |
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Short-term notes payable | 25,000.00 |
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Supplies | 3,000.00 |
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Supplies expense | - |
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Unearned Revenue | 12,000.00 |
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Create your trial balance below. Be sure to put your accounts in the correct order. |
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