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Problem 3-3B (Part Level Submission) Lausanne Co., AG was organized on July 1, 2017. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances

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Problem 3-3B (Part Level Submission) Lausanne Co., AG was organized on July 1, 2017. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below LAUSANNE CO., AG Trial Balance September 30, 2017 Unadjusted Adjusted Dr Cr. Cr Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Service Revenue Share Capital-Ordinary Dividend:s Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense CHF 8,900 10,800 1,600 2,000 25,000 CHF 8,900 11,700 450 1,200 25,000 CHF 0 11,000 2,900 0 0 1,700 23,000 CHF 1,000 11,000 2,900 775 110 650 23,000 1,200 1,200 20,200 21,100 7,800 1,700 8,575 2,500 1,000 1,150 1,460 110 1,460 CHF60,460 CHF60,460 CHF60,460 CHF60,460 (a) Problem 3-3B (Part Level Submission) Lausanne Co., AG was organized on July 1, 2017. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below LAUSANNE CO., AG Trial Balance September 30, 2017 Unadjusted Adjusted Dr Cr. Cr Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation-Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Unearned Service Revenue Share Capital-Ordinary Dividend:s Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Supplies Expense Utilities Expense Interest Expense CHF 8,900 10,800 1,600 2,000 25,000 CHF 8,900 11,700 450 1,200 25,000 CHF 0 11,000 2,900 0 0 1,700 23,000 CHF 1,000 11,000 2,900 775 110 650 23,000 1,200 1,200 20,200 21,100 7,800 1,700 8,575 2,500 1,000 1,150 1,460 110 1,460 CHF60,460 CHF60,460 CHF60,460 CHF60,460 (a)

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