Question: The worksheet for Gibler Rental Company appears below Using the adjustment data below complete the worksheet Add any accounts that are necessary. Adjustment data (a)
The worksheet for Gibler Rental Company appears below Using the adjustment data below complete the worksheet Add any accounts that are necessary.
Adjustment data
(a) Prepaid Insurance) expired during August. $3.
(b) Depreciation expense on equipment for the month of August. $8
(c) Supplies used during the month. $4
(d) Salaries and wages expense incurred at August 31 but not yet paid amounted to $10
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GIBLER RENTAL COMPANY Worksheet For the Month Ended August 31, 2015 Adjusted Trial Balance Income Balance Sheet Adjustments Trial Balance Statement Credit Debit Credit Debit Credit Debit Credit Debit Credit Debit Account Titles 20 Cash 12 Accounts Receivable Prepaid Insurance Supplies Equipment Accum. Deprec- Equip. Accounts Payable 8. 10 50 10 20 15 Common Stock 14 Retained Eamings Dividends 73 Rent Revenue 6. Depreciation Expense Insurance Expense Salaries Expense 4 20 132 132 Totals Supplies Expense Salaries Payable Totals Net Income Totals || || || 2.
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Adjustment information are updated in column 3 and 4 of worksheet as under a Prepaid insurance is re... View full answer
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