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The given trial balance of Badger Ranch Company pertains to December 31, 2016, which is the end of its year-long accounting period. Data needed for

The given trial balance of Badger Ranch Company pertains to December 31, 2016, which is the end of its year-long accounting period. Data needed for the adjusting entries include:

a. Supplies on hand at year-end, $3,000.

b. Depreciation on furniture and fixtures, $40,000.

c. Depreciation on building, $25,000.

d. Salaries owed but not yet paid, $4,000.

e. Accrued service revenue, $18,000.

f. Of the $45,000 balance of unearned service revenue, $32,000 was earned during the year.

g. Accrued income tax expense, $30,000.

Badger Ranch Company

Trial Balance December 31, 2016

DEBIT ($)

CREDIT ($)

1

Cash

198,000

2

Accounts receivable

370,000

3

Supplies

6,000

4

Building

250,000

5

Accumulated depreciationbuilding

130,000

6

Furniture and fixtures

100,000

7

Accumulated depreciationfurniture and fixtures

40,000

8

Accounts payable

380,000

9

Salary payable

10

Unearned service revenue

45,000

11

Income tax payable

12

Common stock

100,000

13

Retained earnings

193,000

14

Dividends

65,000

15

Service revenue

286,000

16

Salary expense

172,000

17

Supplies expense

18

Depreciation expensebuilding

19

Depreciation expensefurniture and fixtures

20

Income tax expense

21

Miscellaneous expense

13,000

22

TOTAL

1,174,000

1,174,000

Requirements

1. Prepare a worksheet for the adjusted trial balance.

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