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The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by
The Adjusted Trial Balance for Planta Company follows. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by entering the amount of net income for the reporting period.
Account Title December 31, 2021 Unadjusted Trial Balance Adjustments Debit Credit Debit Cash $ 17,000 Accounts receivable 4,000 Allowance for doubtful accounts $ 828 Merchandise inventory 11,700 Trucks 32,000 Accumulated depreciation-Trucks 0 Equipment 45,000 Accumulated depreciation-Equipment 12,200 Accounts payable 5,000 Estimated warranty liability 1,400 Unearned services revenue 0 Interest payable Long-term notes payable 15,000 D. Buggs, Capital 59,700 D. Buggs, Withdrawals 10,000 Extermination services revenue 60,000 Interest revenue 872 Sales 31,026 71,026 Cost of goods sold 46,300 Depreciation expense-Trucks Depreciation expense-Equipment 0 0 Wages expense Internet ovnenes 35,000 A Adjusted Trial Balance Credit Debit Credit
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