Answer the following using the attached ADJUSTEDTRIAL BALANCE1. Total Assets2. Total Liabilities3. Total Equity Account TitleCASHACCOUNTS RECEIVABLESUPPLIESPREPAID RENTEQUIPMENTACCU DEPRECIATIONACCOUNTS PAYABLENOTES PAYABLEUTILITIES PAYABLEINTEREST PAYABLESERVICE REVENUEWAGES EXPENSESUPPLIES EXPENSERENT EXPENSEDEPRECIATION EXPENSEELECTRICITY EXPENSETELEPHONE EXPENSEINTEREST EXPENSETotalsUnadjusted Trial BalanceDebitCredit10430.005900.0022807.0024000.0037000.0018200.002470.001494.005200.0030537.003964.0082600.00122301.00 122301.00DebitAdjustmentsCredit18480.0012000.001100.00150.0031730.0018480.0012000.001100.00150.0031730.00Adjusted Trial BalanceDebitCredit10430.005900.004327.0012000.0037000.001100.005200.0030537.003964.00150.0082600.0018200.0018480.002000.01100.002470.001494.00150.00123551.00 123551.00

BALANCE SHEETThe balance sheet is one of the important financial statements of the company. Balance…

Answered: Answer the following using the attached…

Business

Accounting

Answer the following using the attached ADJUSTED TRIAL BALANCE 1. Total Assets 2. Total Liabilities 3. Total Equity

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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Question

Answer the following using the attached ADJUSTED
TRIAL BALANCE
1. Total Assets
2. Total Liabilities
3. Total Equity

Account Title
CASH
ACCOUNTS RECEIVABLE
SUPPLIES
PREPAID RENT
EQUIPMENT
ACCU DEPRECIATION
ACCOUNTS PAYABLE
NOTES PAYABLE
UTILITIES PAYABLE
INTEREST PAYABLE
SERVICE REVENUE
WAGES EXPENSE
SUPPLIES EXPENSE
RENT EXPENSE
DEPRECIATION EXPENSE
ELECTRICITY EXPENSE
TELEPHONE EXPENSE
INTEREST EXPENSE
Totals
Unadjusted Trial Balance
Debit
Credit
10430.00
5900.00
22807.00
24000.00
37000.00
18200.00
2470.00
1494.00
5200.00
30537.00
3964.00
82600.00
122301.00 122301.00
Debit
Adjustments
Credit
18480.00
12000.00
1100.00
150.00
31730.00
18480.00
12000.00
1100.00
150.00
31730.00
Adjusted Trial Balance
Debit
Credit
10430.00
5900.00
4327.00
12000.00
37000.00
1100.00
5200.00
30537.00
3964.00
150.00
82600.00
18200.00
18480.00
2000.0
1100.00
2470.00
1494.00
150.00
123551.00 123551.00

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