Problem 4-02A a-e (Part Level Submission)

The adjusted trial balance columns of the worksheet for Grouper Company are as follows.

Grouper Company

Worksheet

For the Year Ended December 31, 2019

Adjusted Trial Balance

Account No.

Account Titles

Dr.

Cr.

101Cash5,500

112Accounts Receivable10,500

126Supplies1,500

130Prepaid Insurance2,000

157Equipment27,100

158Accumulated DepreciationEquipment5,700

200Notes Payable14,600

201Accounts Payable6,200

212Salaries and Wages Payable2,400

230Interest Payable700

311Common Stock9,935

320Retained Earnings2,865

332Dividends6,800

400Service Revenue60,800

610Advertising Expense8,700

631Supplies Expense4,000

711Depreciation Expense5,700

722Insurance Expense3,200

726Salaries and Wages Expense27,500

905Interest Expense700

Totals

103,200

103,200