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The unadjusted balances in VSU Accounting, Inc. accounts as of December 31st, 2018 are shown in the General Ledger above. Additional information: The data needed
The unadjusted balances in VSU Accounting, Inc. accounts as of December 31st, 2018 are shown in the General Ledger above. Additional information: The data needed to determine year-end adjustments are as follows: a) Supplies on hand at December 31,2018 are: b) Insurance premiums expired during 2018 are: c Depreciation of equipment during 2018 is d) Depreciation of trucks during 2018 is e Wages accrued but not paid at December 31, 2018 are: 9,700 9,900 15,100 13,200 11,900 Tasks 1)Use the additional information provided at year-end to record the adjusting entries and post them into the ledger accounts to calculate the new year-end balances 2) Prepare the Adjusted Trial Balance Fill out lines with Account Names and fill in boxes with Dollar Numbers Adjusted Trial Balances Unadjusted Bal Adjusted Bal Adjustments Dr. Cr. Dr. Cr. Dr. Cr. Cash 30,000 Accounts Receivable Office supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment 31,000 29,000 15.000 148,000 39,000 Trucks 83,000 Accumulated Depreciation- Trucks Accounts Payable Wages Payable 42,000 56,000 60,000 Common Stock Dividends Retained Earnings Service Revenue 33,000 79,500 202,000 Supplies Expense Insurance Expense Depreciation Expense- Equipment Depreciation Expense-Trucks Wages Expense Truck Expense Rent Expense Miscellaneous Expense 55,000 16,500 21,000 17,000 478,500 478,500 Totals
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