Question
The partial worksheet of Ruth Furniture is as follows: Ruth Furniture Worksheet December 31, 2016 Unadjusted Trial Adjusted Trial Balance Adjustments Balance Account Names Debit
The partial worksheet of Ruth Furniture is as follows:
Ruth Furniture
Worksheet
December 31, 2016
Unadjusted Trial Adjusted Trial
Balance Adjustments Balance
Account Names Debit Credit Debit Credit Debit Credit
Cash $6,500
Accounts Receivable 2,000 $3,000
Office Supplies 1,800 $500
Equipment 15,000
Accumulated
DepreciationEquipment $8,700 1,200
Common Stock 15,000
Dividends 3,000
Service Revenue 10,600 3,000
Salaries Expense 4,000
Rent Expense 2,000
Depreciation Expense 1,200
Equipment
Supplies Expense ______ ______ 500 _____
Total $34,300 $34,300 $4,700 $4,700
Calculate and enter the amounts for the Adjusted Trial Balance columns.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started