Question
Q/17 This is the list of accounts in the general ledger after adjustments are made. Prepare the adjusted trial balance. What is the total of
Q/17
This is the list of accounts in the general ledger after adjustments are made. Prepare the adjusted trial balance. What is the total of the credits on the adjusted trial balance?
Accounts Payable | $60,000 |
Cash | $80,000 |
Deferred income Tax | $20,000 |
Prepaid Insurance | $10,000 |
Capital Stock | $90,000 |
Sales Revenue | $40,000 |
Utilities Expense | $10,000 |
Dividends | $15,000 |
Supplies | $15,000 |
Interest Expense | $ 12,000 |
Plant Equipment | $65,000 |
Depreciation Expense | $10,000 |
Insurance Expense | $3,000 |
Accumulated Depreciation | $25,000 |
Accounts Receivable | $15,000 |
a.) $215,000
b.) $235,000
c.) $250,000
d.) $270,000
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