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Using the adjusted trial balance, calculate the total assets, liabilities, owner capital, owner withdrawals, revenues, and expenses. Enter those amounts in the expanded accounting equation.
Using the adjusted trial balance, calculate the total assets, liabilities, owner capital, owner withdrawals, revenues, and expenses. Enter those amounts in the expanded accounting equation. OOO SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash 14,900 Accounts Receivable 8.200 Office Supplies 100 Prepaid Rent 9,900 Furniture 17,400 Accumulated Depreciation-Furniture 5.900 Accounts Payable 1.900 Salaries Payable 400 Interest Payable 200 Unearned Revenue 4900 Notes Payable 6.900 Bright Capital 55,100 Bright Withdrawals 25,600 Service Revenue 9,900 Depreciation Expense Furniture 1,900 Interest Expense 200 Rent Expense 2,900 Salaries Expense 3.400 Supplies Expense 700 Total 85,200 85,200 Assets Liabilities + Owner, Capital Owner, Withdrawals + Revenues Expenses +
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