Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2019: Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 2019 Adjusted Trial Balance Unadjusted Trial Balance Adjustments Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 12 Accounts Receivable 90 Supplies Prepaid Insurance 8. 12 Land 190 Equipment 50 Accum. Depr.-Equipment 4 Accounts Payable Wages Payable Brenda Schultz, Capital Brenda Schultz, Drawing 36 260 8 Fees Earned 200 Wages Expense 110 Rent Expense Insurance Expense 12 Utilities Expense Supplies Expense Depreciation Expense Miscellaneous Expense 500 500 The data for year-end adjustments are as follows: a. Fees earned but not yet billed, $13. b. Supplies on hand, $4. c. Insurance premiums expired, $10. d. Depreciation expense, $3. e. Wages accrued but not paid, $1. Enter the adjustment data and place the balances in the Adjusted Trial Balance columns.
Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2019: Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 2019 Adjusted Trial Balance Unadjusted Trial Balance Adjustments Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 12 Accounts Receivable 90 Supplies Prepaid Insurance 8. 12 Land 190 Equipment 50 Accum. Depr.-Equipment 4 Accounts Payable Wages Payable Brenda Schultz, Capital Brenda Schultz, Drawing 36 260 8 Fees Earned 200 Wages Expense 110 Rent Expense Insurance Expense 12 Utilities Expense Supplies Expense Depreciation Expense Miscellaneous Expense 500 500 The data for year-end adjustments are as follows: a. Fees earned but not yet billed, $13. b. Supplies on hand, $4. c. Insurance premiums expired, $10. d. Depreciation expense, $3. e. Wages accrued but not paid, $1. Enter the adjustment data and place the balances in the Adjusted Trial Balance columns.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Transcribed Image Text:Alert Security Services Co. offers security services to business clients. The trial balance for
Alert Security Services Co. has been prepared on the following end-of-period spreadsheet
for the year ended October 31, 2019:
Alert Security Services Co.
End-of-Period Spreadsheet
For the Year Ended October 31, 2019
Adjusted
Trial Balance
Unadjusted
Trial Balance
Adjustments
Account Title
Dr.
Cr.
Dr.
Cr.
Dr.
Cr.
Cash
12
Accounts Receivable
90
Supplies
Prepaid Insurance
8.
12
Land
190
Equipment
50
Transcribed Image Text:Accum. Depr.-Equipment
4
Accounts Payable
Wages Payable
Brenda Schultz, Capital
Brenda Schultz, Drawing
36
260
8
Fees Earned
200
Wages Expense
110
Rent Expense
Insurance Expense
12
Utilities Expense
Supplies Expense
Depreciation Expense
Miscellaneous Expense
500
500
The data for year-end adjustments are as follows:
a. Fees earned but not yet billed, $13.
b. Supplies on hand, $4.
c. Insurance premiums expired, $10.
d. Depreciation expense, $3.
e. Wages accrued but not paid, $1.
Enter the adjustment data and place the balances in the Adjusted Trial Balance columns.
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