4Prepare an adjusted trial balance from the following account information, and also considering the adjustment data provided (assume accounts have normal balances). Equipment was recently purchased, so there is neither depreciation expense nor accumulated depreciation.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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PA16. 

LO 4.4Prepare an adjusted trial balance from the following account information, and also considering the adjustment data provided (assume accounts have normal balances). Equipment was recently purchased, so there is neither depreciation expense nor accumulated depreciation.

Accounts payable
Accounts receivable
$26,000
8,000
29,000
33,000
9,000
68,000
29,000
42,000
2,000
75,000
5,000
4,000
Cash
Common stock
Dividends
Equipment
Notes payable (due next month)
Salaries expense
Salaries payable
Service revenue
Supplies
Transportation expense
Transcribed Image Text:Accounts payable Accounts receivable $26,000 8,000 29,000 33,000 9,000 68,000 29,000 42,000 2,000 75,000 5,000 4,000 Cash Common stock Dividends Equipment Notes payable (due next month) Salaries expense Salaries payable Service revenue Supplies Transportation expense
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