Forums Accounting Trial Balance record the trial balance on ten colomun work sheet

Tagged: 

This topic contains 0 replies, has 1 voice, and was last updated by  Ayush Nair 1 year, 7 months ago.

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #16296

    Ayush Nair
    Member

    cash…..7525
    supplies….4870
    prepaid insurance….1950
    equipment………31500
    accumulated depreciation of the equipment……..9750
    truck….42000
    accumulated depreciation on truck….26400
    account payable….4015
    tom capital….25800
    tom drawing….18000
    service revenue….99950
    ages expense….37925
    rent expense….9600
    truck expense…9350
    miscellaneous expense….3195
    total……..165915

    Adjustment data
    A) inventory of supplies @ dec 31…3910
    B) insurance premium expired….5350
    C) depreciation on equipment…6200
    D) depreciation on truck during the year….6200
    E) wages accrued but not paid @ dec 31….700

    instruction
    1) record the trial balance on ten colomun work sheet and complete it
    2) prepare A) income statement B) statement of owners equity and balance sheet
    3) journalize adjusting entries
    4) journalize closing entry
    5) prepare post closing entry…..

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.