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The following adjusted trial balance is the result of the adjustments made at the end of the month of March for Martin Corporation. Use these
The following adjusted trial balance is the result of the adjustments made at the end of the month of March for Martin Corporation. Use these adjusted values to journalize the closing entries for Martin Corporation. Martin Corporation Adjusted Trial Balance March 31 Account Title Debit Credit Cash 24,750 Accounts Receivable 5,750 Office Supplies 3,525 Store Supplies 4,785 9,750 Machinery Accumulated Depreciation 2,150 Accounts Payable 3,550 Notes Payable 7,500 Common Stock 17,725 Retained Earnings 2,000 Dividends 6,250 Service Revenue 36,500 Wages Expense 6,425 1,465 Office Supplies Expense Store Supplies Expense Depreciation Expense 5,150 1,575 69,425 69,425 If an amount box does not require an entry, leave it blank. Mar. 31 Cash If an amount box does not require an entry, leave it blank. Mar. 31 Cash 1001 Mar. 31
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