Account Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Sales Revenues Rent Expense Depreciation Expense Salaries Expense Insurance Expense Supplies Expense Utilities Expense Debit $40,000 50,000 12,000 150,000 6,000 10,000 80,000 6,000 2,000 5,000 $361,000 ABC Co. Adjusted Trial Balance December 31, 2022 Credit $ 60,000 15,000 50,000 20,000 16,000 200,000 $361,000

Account Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Notes Payable Common Stock Retained Earnings Sales Revenues Rent Expense Depreciation Expense Salaries Expense Insurance Expense Supplies Expense Utilities Expense Debit $40,000 50,000 12,000 150,000 6,000 10,000 80,000 6,000 2,000 5,000 $361,000 ABC Co. Adjusted Trial Balance December 31, 2022 Credit $ 60,000 15,000 50,000 20,000 16,000 200,000 $361,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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