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Question 13 (40 marks) - Topic 5 (a) The following shows an adjusted trial balance as at December 31 is arranged in alphabetical order by
Question 13 (40 marks) - Topic 5 (a) The following shows an adjusted trial balance as at December 31 is arranged in alphabetical order by account: $22,500 $8,750 $3,750 Accounts Receivable Accounts Payable Accumulated Depreciation, Equipment Additional Paid-in Capital Cash Common Stock Cost of Goods Sold Dividends Equipment Loss on Sale of Equipment Interest Expense Inventory Notes Payable Retained Earnings, beginning Sales Revenue Supplies Expense $38,750 $11,250 $6,250 $13,750 $2,500 $27,500 $7,250 $125 $6,250 $5,125 $5,000 $25,000 $1,500 Required: Prepare an adjusted trial balance in proper form using the above information. (20 marks)
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