| + X AC ACCT 20/11M): Assignment a 2-X > Assignment 2 (1).pdf x C Alpha Company Closes its Books x C File CAUsers/Adnan%20A.Karim/Downloads/Assignment%202%20(1).pdf !!! Apps M Gmail YouTube Maps News Translate Digital Resources fo... * A : O Reading list Assignment 2 (1).pdf 1/11 - . 90% + Assignment #2 Alpha company closes its books every year on December 31. On analysis of accounts reveals the following: 1- On physical count on December 31, reveals that the office supplies in hand is $1,100 2- Company paid $300 for 12-month insurance on July 1, 2021 3- Company purchased furniture on January 1, 2021, for $12,600. Company policy to amortize furniture in 5 years using straight line method with zero salvage value 4- Company purchased computer equipment for $6,300 on July 1, 2021. Company uses straight line method for amortization of computer equipment. The estimated life for the computer equipment is 3 years with no salvage value 5- Unearned consulting revenue as of December 31, 2021, is $6,000 6- Salary expenses for new staff joined on December 1, 2021, not recorded amounting to $500 7- December utility bill amounting to $100 received on January 3, 2022, not recorded in books. . Required: 1- Post adjustments in work sheet provided with entry reference. 2- Prepare adjusted trial balance in the work sheet provided. AG ENG US 1) 5:34 AM 2022-03-16 O AutoSave OM Unadjusted Trial Ralance (1) - Protected View - Search (Alt+a) Adnan Shaikh AS X File Home Insert Page Layout Formulas Data Review View Help Comments Share 0 PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit. it's safer to stay in Protected View Enable Editing L21 : x fx A P C G H 1 x M N P B S T 1 2. Adjustments Dr Cr Adjusted Trial Balance Dr Cr 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 10 19 20 21 22 23 24 25 25 21 28 29 30 31 Alpha Trial Balance as at December 31, 2021 Unadjusted Trini Balance Entry S.No Account Dr Cr Reference 1 Cash 24,350 2 Office Supplies 1,395 3 Prepaid Insurance 300 4 Furniture 12,600 5 Computer Equipment 6,300 6 Accumulated Amortization, Furniture 2.100 7 Accumulated Amortization, Computer Equipment 350 8 Accounts Payable 2./50 9 Unearned consulting Revenue 6,900 10 Notes Payable B.200 11 Alpha, Capital 15,000 12 Alpha, Withdrawl 855 12 Consulting Revenu 23,100 14 Salaries Expenses 11,500 15 Utilities Expenses 1.100 58,400 58,400 Sheet1 Reacy E 90% A 5:35 AM ENG US 2022-03-16 O