Trial Balance April 30, 2018 Account Debit Credit Cash $ 14,900 Accounts receivable 17,400 2,800 1,100 75,400 Prepaid insurance Supplies Equipment Accumulated depreciation, equipment Accounts payable Salaries payable Unearned service revenue $ 44,200 3,200 2,400 Common stock 25,000 Retained earnings 27,700 Dividends 9,800 Service revenue 22,000 Prepaid insurance 2,800 1,100 Supplies Equipment Accumulated depreciation, equipment 75,400 $ 44,200 3,200 Accounts payable Salaries payable Unearned service revenue 2,400 Common stock 25,000 Retained earnings 27,700 Dividends 9,800 Service revenue 22,000 Salaries expense 3,100 Insurance expense Depreciation expense, equipment Utilities expense Supplies expense Total $ 124,500 $ 124,500 a. Insurance coverage still remaining at April 30, $600 b. Supplies used during the month, $1,000 c. Depreciation for the month, $3,400 d. Accrued utilities expense at April 30, $400 (use Accounts payable as the liability account needed) Accrued salaries at April 30, $1,000 f. Service revenue still unearned at April 30, $1,200 e. Requirement 1. Journalize the adjusting entries. (Record debits first, then credits. Exclude explanatio a. Insurance coverage still remaining at April 30, 5600 Journal Entry Date Accounts Debit Credit Apr Tar rce b. Supplies used during the month, $1,000 - Journal Entry Date on TI Accounts Debit Credit Apr c. Depreciation for the month, $3,400 Journal Entry Date Accounts Debit Credit Apr d. Accrued utilities expense at April 30, $400 (use Accounts payable as the liability account needed) Journal Entry Date T Accounts Debit Credit Apr e. Accrued salaries at April 30, $1,000 Journal Entry Date Accounts Debit Credit Apr f. Service revenue still unearned at April 30, $1,200 Journal Entry Date Accounts Debit Credit Apr Requirement 2. The unadjusted balances have been entered in the T-accounts for you. Post the adjusting entries to the T-accounts. Reference the posted amounts by letters, (a) through (n. Calculate the adjusted balance for each account. (Use a "Bal" posting reference to show the ending balance of each account.) Review the adjusting entries from Requirement1 Cash Accounts receivable Prepaid insurance Bal 14.900 Bal 17.400 Bal 2.800 Supplies 1,100 Equipment 75,400 Accumulated depreciation Equip Bal 44.200 Bal Bar Salaries payable Unearned service revenue Accounts payable Bal 3.200 Bal 2.400 Common stock Retained earnings Dividends Bal 25,000 Bal 27,700 Bal 9,800 Service revenue Bal Salaries expense Insurance expense 22,000 Bal 3,100 Depreciation expense, equipment Utilities expense Supplies expense Review the T-accounts from Requirement 2. Ad Men Advertising, Inc. Adjusted Trial Balance April 30, 2018 Account Debit Credit Total Requirement 4. How will the company use the adjusted trial balance? The company will use the adjusted trial balance to
