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The trial balance of Rock Bottom Inc. shown below pertains to December 31, 2022, which is the end of its fiscal year. Data needed for
The trial balance of Rock Bottom Inc. shown below pertains to December 31, 2022, which is the end of its fiscal year. Data needed for the adjusting entries include the following (all amounts in thousands): Supplies on hand at year-end, $2. Depreciation on furniture and fixtures, $20. Depreciation on building, $10. Salary owed but not yet paid, $5. Accrued service revenue, $12. Of the $45 balance of unearned service revenue, $32 was earned during the year. Accrued income tax expense, $35 A B C 1 Rock Bottom Inc. Trial Balance December 31, 2022 2 (in thousands of dollars)
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