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Cash Accounts Receivable Furniture Account Title Office Supplies Prepaid Rent SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Accumulated Depreciation--Furniture Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Bright, Capital Bright, Withdrawals Service Revenue Depreciation Expense--Furniture Interest Expense Rent Expense Salaries Expense Total Supplies Expense Balance Debit 19,200 10,600 200 12,800 22,500 32,700 2,500 300 3,800 4,500 1,000 Credit 7,700 2,500 600 300 6,400 9,000 25,400 58,200 110,100 110,100

Cash Accounts Receivable Furniture Account Title Office Supplies Prepaid Rent SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Accumulated Depreciation--Furniture Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Bright, Capital Bright, Withdrawals Service Revenue Depreciation Expense--Furniture Interest Expense Rent Expense Salaries Expense Total Supplies Expense Balance Debit 19,200 10,600 200 12,800 22,500 32,700 2,500 300 3,800 4,500 1,000 Credit 7,700 2,500 600 300 6,400 9,000 25,400 58,200 110,100 110,100

FINANCIAL ACCOUNTING
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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why are my numbers not adding up on the asset side and liabilities + owner equity side? Please help.

Cash Accounts Receivable Account Title Office Supplies Prepaid Rent Furniture SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Accumulated Depreciation--Furniture Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Bright, Capital Bright, Withdrawals Service Revenue Depreciation Expense--Furniture Interest Expense Rent Expense Salaries Expense Total Supplies Expense Balance Debit 19,200 10,600 200 12,800 22,500 32,700 2,500 300 3,800 4,500 1,000 Credit 7,700 2,500 600 300 6,400 9,000 25,400 58,200 110,100 110,100
Transcribed Image Text:Cash Accounts Receivable Account Title Office Supplies Prepaid Rent Furniture SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Accumulated Depreciation--Furniture Accounts Payable Salaries Payable Interest Payable Unearned Revenue Notes Payable Bright, Capital Bright, Withdrawals Service Revenue Depreciation Expense--Furniture Interest Expense Rent Expense Salaries Expense Total Supplies Expense Balance Debit 19,200 10,600 200 12,800 22,500 32,700 2,500 300 3,800 4,500 1,000 Credit 7,700 2,500 600 300 6,400 9,000 25,400 58,200 110,100 110,100
cash accounts receivable office supplies prepaid rent furniture Less: Accum. Depr. - Furniture Total Assets Assets 22500 (7700) SMART TOUCH LEARNING Balance Sheet December 31, 2016 19200 10600 200 12800 14800 57600 accounts payable salaries payable interest payable unearned revenue notes payable Total Liabilities Bright, Capital Liabilities Owner's Equity Total Liabilities and Owners' Equity 2500 600 300 6400 9000 18800 25400 44200
Transcribed Image Text:cash accounts receivable office supplies prepaid rent furniture Less: Accum. Depr. - Furniture Total Assets Assets 22500 (7700) SMART TOUCH LEARNING Balance Sheet December 31, 2016 19200 10600 200 12800 14800 57600 accounts payable salaries payable interest payable unearned revenue notes payable Total Liabilities Bright, Capital Liabilities Owner's Equity Total Liabilities and Owners' Equity 2500 600 300 6400 9000 18800 25400 44200
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