Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Unadjusted Trial Balance June 30, 20xXx Debits Credits 25,000 10,000 15,000 Accounts Receivable Supplies Inventory Prepaid Insurance Prepaid Rent Prepaid Expenses 10,000 2,500 75,000 Accummula

image text in transcribed

image text in transcribed

Unadjusted Trial Balance June 30, 20xXx Debits Credits 25,000 10,000 15,000 Accounts Receivable Supplies Inventory Prepaid Insurance Prepaid Rent Prepaid Expenses 10,000 2,500 75,000 Accummula Accounts Payable Salaries Payable ted Depreciation - Equipment 15,000 12,000 Uneaned Revenue 3,000 75,000 225,000 Capital Depreciation Expense - Equipment Salaries Expense Insurance Expense Rent Expense Advertising Expense Supplies Expense Utilities Expense Travel Expense 125,500 1,200 24,000 5,500 22,000 6,500 7,800 330,000 330,000 The numbers on this Unadjusted Trial Balance need recorded as the starting balances in the General Ledger. To those balances the General Joumal entries that were made to record the necessary Adjusting Enties (based on the transactions provided on the Transaction tab) need added. The adjusted balance for each account needs recorded in the Adjusted Trial Balance Unadjusted Trial Balance Transactions General Unadjusted Trial Balance June 30, 20xXx Debits Credits 25,000 10,000 15,000 Accounts Receivable Supplies Inventory Prepaid Insurance Prepaid Rent Prepaid Expenses 10,000 2,500 75,000 Accummula Accounts Payable Salaries Payable ted Depreciation - Equipment 15,000 12,000 Uneaned Revenue 3,000 75,000 225,000 Capital Depreciation Expense - Equipment Salaries Expense Insurance Expense Rent Expense Advertising Expense Supplies Expense Utilities Expense Travel Expense 125,500 1,200 24,000 5,500 22,000 6,500 7,800 330,000 330,000 The numbers on this Unadjusted Trial Balance need recorded as the starting balances in the General Ledger. To those balances the General Joumal entries that were made to record the necessary Adjusting Enties (based on the transactions provided on the Transaction tab) need added. The adjusted balance for each account needs recorded in the Adjusted Trial Balance Unadjusted Trial Balance Transactions General

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

Attorneys IRS Audit Technique Guide

Authors: Internal Revenue Service

1st Edition

1304112918, 978-1304112910

More Books

Students also viewed these Accounting questions