Question
Problem III: The December 31, 2011 adjusted trial balance for Supplementary Corporation is presented below. Account Title Debits Credits Cash 21,000 Accounts receivable 300,000 Allowance
Problem III: The December 31, 2011 adjusted trial balance for Supplementary Corporation is presented below.
| Account Title | Debits |
| Credits |
|
|
|
|
|
| Cash | 21,000 |
|
|
| Accounts receivable | 300,000 |
|
|
| Allowance for uncollectible accounts |
|
| 20,000 |
| Prepaid rent expense | 10,000 |
|
|
| Inventory | 50,000 |
|
|
| Equipment | 600,000 |
|
|
| Accumulated depreciation |
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
