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Robert Evans owns a business, Beachside Realty, that rents condominiums and furnishings. The adjusted trial balance at December 31 is as follows: Account Credit Balances
Robert Evans owns a business, Beachside Realty, that rents condominiums and furnishings. The adjusted trial balance at December 31 is as follows: Account Credit Balances No. Debit Balances 1,500 2,000 Cash 11 Accounts Receivable 12 13 100 14 1,600 2,800 16 18 15,000 19 21 22 Interest Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts Payable Accrued Expenses Payable Income Taxes Payable Unearned Rent Fees Robert Evans, Capital Robert Evans, Drawing Rent Fees Earned Furniture Rental Revenue Interest Revenue Wages Expense 3,000 2,400 3,920 2,700 500 23 24 31 13,700 32 2,000 41 31,000 42 1,200 43 100 51 19,000 Previous Next >
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