Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using this data, prepare an adjusted trial balance. Reference using this data, prepare an adjusted trial balance. 290 (d) 290 Bal 90 Bal 16,300 Dec.

image text in transcribed Using this data, prepare an adjusted trial balance. Reference

using this data, prepare an adjusted trial balance. 290 (d) 290 Bal 90 Bal 16,300 Dec. 31 Accum. Depr.Equipment 480 (c) Shining Image Company Adjusted Trial Balance December 31, 2024 Balance Debit Account Title Cash Office Supplies Prepaid Insurance Equipment Accumulated DepreciationEquipment Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Supplies Expense Depreciation ExpenseEquipment Insurance Expense Total Credit Dec. 31 Dec. 31 Dec. 31 Dec. 31 Cash 600 600 Office Supplies 2,000 11600 (a) 400 Prepaid Insurance Accounts Payable 2,600 Dec. 31 2,600 Bal Salaries Payable Uneamed Revenue Dec. 31 (a) Service Revenue 20,000 Dec. 31 410 (e) 20,410 Salaries Expense 6,000 290 6290 Supplies Expense 800 230 Equipment 27,000 27,000 570 (b) 410 500 Dec 31 2,000 Dec. 31 2,480 Dec. 31 Common Stock 16,300 Bal Dividends 5,000 5,000 11600 11600 Depr. ExpenseEquipment Insurance Expense 570 570 using this data, prepare an adjusted trial balance. 290 (d) 290 Bal 90 Bal 16,300 Dec. 31 Accum. Depr.Equipment 480 (c) Shining Image Company Adjusted Trial Balance December 31, 2024 Balance Debit Account Title Cash Office Supplies Prepaid Insurance Equipment Accumulated DepreciationEquipment Accounts Payable Salaries Payable Unearned Revenue Common Stock Dividends Service Revenue Salaries Expense Supplies Expense Depreciation ExpenseEquipment Insurance Expense Total Credit Dec. 31 Dec. 31 Dec. 31 Dec. 31 Cash 600 600 Office Supplies 2,000 11600 (a) 400 Prepaid Insurance Accounts Payable 2,600 Dec. 31 2,600 Bal Salaries Payable Uneamed Revenue Dec. 31 (a) Service Revenue 20,000 Dec. 31 410 (e) 20,410 Salaries Expense 6,000 290 6290 Supplies Expense 800 230 Equipment 27,000 27,000 570 (b) 410 500 Dec 31 2,000 Dec. 31 2,480 Dec. 31 Common Stock 16,300 Bal Dividends 5,000 5,000 11600 11600 Depr. ExpenseEquipment Insurance Expense 570 570

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

More Books

Students also viewed these Accounting questions

Question

How the operating ratio differs from the combined ratio? LO.1

Answered: 1 week ago

Question

How would you establish the value of learning this material?

Answered: 1 week ago