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The adjusted trial balance for Tybalt Construction as of December 31, 2017, follows TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2017 Account Title Debit Credit
The adjusted trial balance for Tybalt Construction as of December 31, 2017, follows TYBALT CONSTRUCTION Adjusted Trial Balance December 31, 2017 Account Title Debit Credit 101 Cash S 6,000 24,000 9, 300 104 Short-term investments 126 Supplies 128 Prepaid insurance 167 Equipment 168 Accumulated depreciation-Equipment 173 Building 7,600 60,000 S 30,000 171,000 174 Accumulated depreciation-Building 183 Land 57,000 48,96 201 Accounts payable 203 Interest payable 208 Rent payable 210 Wages payable 213 Property taxes payable 233 Unearned professional fees 251 Long-term notes payable 16,000 2,100 3,600 2, 300 800 7,600 68,500 307 Common stock 6,000 318 Retained earnings 319 Dividends 401 Professional fees earned 406 Rent earned 124,400 11,700 101,000 16,500 407 Dividends earned 3, 000 409 Interest earned 2,900 606 Depreciation expense-Building 612 Depreciation expense-Equipment 623 Wages expense 633 Interest expense 637 Insurance expense 640 Rent expense 652 Supplies expense 682 Postage expense 12,540 9,000 30,500 4,100 8,900 6,500 2,400 4,900 7,400 683 Property taxes expense 684 Repairs expense 688 Telephone expense 690 Utilities expense 1,800 3,900 Totals $441,700 $441, 700 The December 31, 2016, credit balance of the Retained Earnings account was s124,400. Tybal Construction is required to make a $7,000 payment on its long-term notes payable during 2018. repare.Income stutement Staterment of Retained Earangs Classified balanced sheat
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