Accounts Payable 8,190 SMART TOUCH LEARNING Accounts Receivable 5,670 Adjusted Trial Balance Accumulated Depreciation-Furniture 6,930 December 31, 2016 Bright, Capital 63,630 Balance Bright, Withdrawals 23,940 Account Title Debit Credit Cash 39,690 Depreciation Expense-Furniture 1,260 Furniture 17,640 Interest Expense 6,300 Interest Payable 4,410 Notes Payable 10,080 Office Supplies 7,560 Prepaid Rent 16,380 Rent Expense 3,780 Salaries Expense 3,150 Salaries Payable 5,040 Service Revenue 12,600 Supplies Expense 630

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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Need help filling out chart and determining what is debit and what is credit
Ardmore Durant
El Reno Guthrie
Enid
Ft Smith Poteau
Muskogee
Sapulpa
Shaw ...
E Display
国
O Pearson ACT- Sole Proprietorship - Google Chrome
act.pearsoncmg.com/activity/7/2/2
Accounts Payable
8,190
SMART TOUCH LEARNING
Accounts Receivable
5,670
Adjusted Trial Balance
Accumulated Depreciation--Furniture
6,930
December 31, 2016
Bright, Capital
63,630
Balance
Bright, Withdrawals
23,940
Account Title
Debit
Credit
Cash
39,690
Depreciation Expense-Furniture
1,260
Furniture
17,640
Interest Expense
6,300
Interest Payable
4,410
Notes Payable
10,080
Office Supplies
7,560
Prepaid Rent
16,380
Rent Expense
3,780
Salaries Expense
3,150
Salaries Payable
5,040
Service Revenue
12,600
Supplies Expense
630
Unearned Revenue
580-977-8823
580-541-4106
15,120
T00001672 MASON RAND INCOMING
00042852 PEARSON DEIIN CLEAR
D OP WES ALVA
D_OP_WES ALVA
405- 227-2494
Transcribed Image Text:Ardmore Durant El Reno Guthrie Enid Ft Smith Poteau Muskogee Sapulpa Shaw ... E Display 国 O Pearson ACT- Sole Proprietorship - Google Chrome act.pearsoncmg.com/activity/7/2/2 Accounts Payable 8,190 SMART TOUCH LEARNING Accounts Receivable 5,670 Adjusted Trial Balance Accumulated Depreciation--Furniture 6,930 December 31, 2016 Bright, Capital 63,630 Balance Bright, Withdrawals 23,940 Account Title Debit Credit Cash 39,690 Depreciation Expense-Furniture 1,260 Furniture 17,640 Interest Expense 6,300 Interest Payable 4,410 Notes Payable 10,080 Office Supplies 7,560 Prepaid Rent 16,380 Rent Expense 3,780 Salaries Expense 3,150 Salaries Payable 5,040 Service Revenue 12,600 Supplies Expense 630 Unearned Revenue 580-977-8823 580-541-4106 15,120 T00001672 MASON RAND INCOMING 00042852 PEARSON DEIIN CLEAR D OP WES ALVA D_OP_WES ALVA 405- 227-2494
Expert Solution
Trial balance

Trial balance refers to a statement that is used to accumulate the balances of all the ledgers in one place. 

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