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Step by step solution with clear hand writing estion 11 The following is the adjusted trial balance for Ali Photography. ot yet nswered Marked out
Step by step solution with clear hand writing
estion 11 The following is the adjusted trial balance for Ali Photography. ot yet nswered Marked out of 1.00 Accounts Debit Credit Cash $20,000 Flag question Accounts Receivable 30,000 7,500 13,200 150,000 Prepaid Insurance Office Supplies Building Accumulated Depreciation-Building Equipment Accumulated Depreciation- Equipment $12,000 65,000 8,500 Land 75,000 20,000 4,000 Accounts Payable Salaries Payable Unearned service revenue Mortgage Payable Ali, Capital 25,000 100,000 21,290 . Service Revenue 289,000 Salaries Expense 39,000 6,150 Depreciation Expense-Building and Equipment Supplies Expense Insurance Expense Utilities Expense 14,040 14,000 20,900 Total $479,790 $479,790 After the closing entries, what will the final balance in Ali, Capital be? Select one: S166,200 $25,000 O $191,200 S21,290 S180,000Step by Step Solution
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