Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Unadjusted Trial Balance Adjustments Debit Credit Debit Credit Cash $ 220,380.00 $ - Correct $ - $ - Correct Accounts Receivable $ 20,666.00 $ -

Unadjusted Trial Balance Adjustments
Debit Credit Debit Credit
Cash $ 220,380.00 $ - Correct $ - $ - Correct
Accounts Receivable $ 20,666.00 $ - Correct $ - $ - Correct
Allowance for Unc. Accounts $ - $ 1,576.00 Correct $ - $ 167.00 Correct
Supplies $ 2,800.00 $ - Correct $ - $ 1,175.00 Correct
Inventory $ 4,700.00 $ - Correct $ 240.00 Correct
Building $ 140,000.00 Correct $ - $ - Correct
Accumulated Depreciation- Building $ - $ - Correct $ - $ 6,500.00 Correct
Furnishing $ 30,000.00 $ - Correct $ - Correct
Accumulated Depreciation- Furnishings $ - $ - Correct $ - $ 12,000.00 Correct
Office Equipment $ 4,800.00 $ - Correct $ - Correct
Accumulated Depreciation- Off. Equip. $ - $ - Correct $ - $ 200.00 Correct
Accounts Payable $ - $ 5,466.00 Correct $ - $ - Correct
Unearned Service Revenue $ - $ 2,000.00 Correct $ 500.00 $ - Correct
Salary Payable $ - $ - Correct $ - $ 2,500.00 Correct
Dividends Payable $ - $ 31,500.00 Correct $ - $ - Correct
Stock, Common $ - $ 21,000.00 Correct $ - $ - Correct
Additonal Paid in Capital $ - $ 303,046.00 Correct $ - $ - Correct
Retained Earnings $ - $ 8,500.00 Correct $ - $ - Correct
Service Revenue $ - $ 124,700.00 Correct $ - $ 500.00 Correct
Sales Revenue $ - $ 24,000.00 Correct $ - $ - Correct
Advertising Expense $ 7,839.00 $ - Correct $ - $ - Correct
Depreciation Expense $ - $ - Correct $ 18,700.00 $ - Correct
Repairs & Maintenance Expense $ 10,567.00 $ - Correct $ - $ - Correct
Supplies Expense $ 3,560.00 $ - Correct $ 1,175.00 $ - Correct
Uncollectible Accounts Expense $ 1,576.00 $ - Correct $ 167.00 $ - Correct
Utilities Expense $ 6,478.00 $ - Correct $ - $ - Correct
Cost of Goods Sold $ 10,900.00 $ - Correct $ 240.00 $ - Correct
Salary Expense $ 57,522.00 $ - Correct $ 2,500.00 $ - Correct
Total $ 521,788.00 $ 521,788.00 $ 23,282.00 $ 23,282.00

My question is what is the Adjusted Trial Balance total? Here iswhat I currently have:

Adjusted Trial Balance*
Debit Credit
$ 220,380.00
$ 20,666.00
$ 1,743.00
$ 1,625.00
$ 460.00
$ 140,000.00
$ 6,500.00
$ 30,000.00
$ 12,000.00
$ 4,800.00
$ 200.00
$ 5,466.00
$ 1,500.00
$ 2,500.00
$ 31,500.00
$ 21,000.00
$ 303,046.00
$ 8,500.00
$ 124,200.00
$ 24,000.00
$ 7,839.00
$ 18,700.00
$ 10,567.00
$ 4,735.00
$ 1,743.00
$ 6,478.00
$ 11,140.00
$ 60,022.00
$ 539,155.00 $ 542,155.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Marketing Audit Checklists A Guide To Effective Marketing Resource Realization

Authors: Aubrey Wilson

1st Edition

0077077601, 978-0077077600

More Books

Students also viewed these Accounting questions

Question

What is the preferred personality?

Answered: 1 week ago

Question

What is the relationship between humans?

Answered: 1 week ago