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The unadjusted trial balance for All Mopped Up Company, a cleaning service, is as follows: 3.04 ALL MOPPED UP COMPANY Unadjusted Trial Balance December 31,
The unadjusted trial balance for All Mopped Up Company, a cleaning service, is as follows: 3.04 ALL MOPPED UP COMPANY Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 800 Office Supplies 2,000 Prepaid Insurance 600 Equipment 30,000 Accumulated Depreciation Equipment 5 2,000 Accounts Payable 2,400 Salaries Payable Unearned Revenue 700 Common Stock 15,300 Dividends 5,000 Service Revenue 25,000 Salaries Expense 7,000 Supplies Expense Depreciation Expense-Equipment Insurance Expense Total $ 45,400 $ 45,400 During the 12 months ended December 31, 2018, All Mopped Up: a. used office supplies of $1,700. b. used prepaid insurance of $580. c. depreciated equipment, $500. d. accrued salaries expense of $310 that hasn't been paid yet. e. earned $400 of unearned revenue. During the 12 months ended December 31, 2018, All Mopped Up: a. used office supplies of $1,700. b. used prepaid insurance of $580. c. depreciated equipment, $500. d. accrued salaries expense of $310 that hasn't been paid yet. e. earned $400 of unearned revenue. Requirements 1. Open a T-account for each account using the unadjusted balances. 2. Journalize the adjusting entries using the letter and December 31 date in the date column. 3. Post the adjustments to the T-accounts, entering each adjustment by letter. Show each account's adjusted balance. DO SU UW VE HJEU D IN LUNJUNION WUN Euler ise -2) E3-26 Preparing an adjusted trial balance Refer to the data in Exercise E3-25, and prepare an adjusted trial balance. financial statements
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