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Using the Adjusted Trial Balance, calculate the total assets, liabilities, common stock, dividends, revenues, and expenses. Enter those amounts in the expanded accounting equation. SMART
Using the Adjusted Trial Balance, calculate the total assets, liabilities, common stock, dividends, revenues, and expenses. Enter those amounts in the expanded accounting equation. SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit 17,800 Cash 9,800 Accounts Receivable Office Supplies 200 Prepaid Rent 11,900 Furniture 20,800 7.100 Accumulated Depreciation-Furniture Accounts Payable 2,300 Salaries Payable 500 Interest Payable 300 Unearned Revenue 5,900 Notes Payable 8,300 Common Stock 65,800 Dividends 30,500 Service Revenue 11,900 Depreciation Expense-Fumiture 2,300 300 Interest Expense 3,500 Rent Expense Salaries Expense Supplies Expense Total 900 102,100 102,100 Revenues Common StockDividends Assets Liabilities Expenses
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