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Question # 03 Marks : Z Company started his business on 14 January, 2019. Its trial balance before adjustment on 31* December, 2019 is as
Question # 03 Marks : Z Company started his business on 14 January, 2019. Its trial balance before adjustment on 31* December, 2019 is as follows z Company Trial Balance December 31, 2019 Cr. (Taka) Dr. (Taka) 8,700.00 20,600.00 4,400.00 1,950.00 45,000.00 134,500.00 86,700.00 80,100.00 Description Cash Accounts Receivable Prepaid Insurance Supplies Land Building Accumulated Depreciation-Building Equipment Accumulated Depreciation-Equipment Accounts Payable Unearned Revenue Capital Stock Retained Earnings Dividends Fees Earned Salaries and Wages Expenses Utilities Expenses Advertising Expenses 61,300.00 7,500.00 6,000.00 15,300.00 54,000.00 8,000.00 199,400.00 70,200.00 23,200.00 18,000.00 15,300.00 54,000.00 8,000.00 199,400.00 Capital Stock Retained Earnings Dividends Fees Earned Salaries and Wages Expenses Utilities Expenses Advertising Expenses Repairs Expenses Miscellaneous Expenses Totals 70,200.00 23,200.00 18,000.00 11,500.00 4,050.00 430,200.00 430,200.00 The following information is available as of year-end 1. Unexpired insurance Tk. 1,500.00 2. Supplies on hand Tk. Tk. 400.00 3. Depreciation of Building for the year Tk. 1,750.00 4. Depreciation of equipment for the year Tk. 5,800.00 5. Revenue unearned Tk. 2,000.00 6. Accrued salaries and wages Tk. 2,300.00 7. Fees earned but unbilled Tk. 4,850.00 Required: A. Journalized the adjusting entries B. Determine the adjusted balances of the accounts and prepare an adjusted trial balance
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