Question
Scissors Hair Stylists has begun the preparation of its worksheet as follows: Complete Scissors worksheet through the adjusted trial balance section. In the adjustments section,
Scissors Hair Stylists has begun the preparation of its worksheet as follows:
Complete Scissors worksheet through the adjusted trial balance section. In the adjustments section, mark each adjustment by letter.
a. Office supplies on hand, $ 300
b. Depreciation, $ 900
c. Accrued interest expense, $ 400.
Scissors Hair Stylists | ||||||
Worksheet | ||||||
December 31, 2018 | ||||||
| Unadjusted |
|
| Adjusted | ||
| Trial Balance | Adjustments | Trial Balance | |||
Account Names | Debit | Credit | Debit | Credit | Debit | Credit |
Cash | $700 |
|
|
|
|
|
Office Supplies | 500 |
|
|
|
|
|
Equipment | 20,200 |
|
|
|
|
|
Accumulated DepreciationEquipment |
| $900 |
|
|
|
|
Accounts Payable |
| 500 |
|
|
|
|
Interest Payable |
|
|
|
|
|
|
Note Payable |
| 3,800 |
|
|
|
|
Common Stock |
| 7,200 |
|
|
|
|
Service Revenue |
| 12,700 |
|
|
|
|
Rent Expense | 3,400 |
|
|
|
|
|
Supplies Expense |
|
|
|
|
|
|
Depreciation ExpenseEquipment |
|
|
|
|
|
|
Interest Expense | 300 |
|
|
|
|
|
Total | $25,100 | $25,100 |
|
|
|
|
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