Create Adjusted Trial balance

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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Cash: 15398

Create Adjusted Trial balance

 

Accounts payable
Accounts receivable
Accumulated depreciation - building
Accumulated depreciation-furniture and fixtures
Building
Cash
Common stock, $5 par value, 100,000 shares authorized,
50,000 shares issued and outstanding
Cost of goods sold
Depreciation expense-building
Depreciation expense-furniture and fixtures
Dividends
Franchise
Furniture and fixtures
Gain on sale of equipment
Income tax expense
Income tax payable
Interest expense
Interest payable
Interest revenue
Land
Long term notes payable
Merchandise inventory
Office supplies inventory
Paid-in capital in excess of par
Payroll payable
Prepaid rent
Rent expense
Salaries and wages expense
Sales returns and allowances
Sales revenue
Supplies expense
Unearned revenue
Utilities payable
2,700
19,000
94
42
44,000
16,398
12,000
31,176
94
42
3,500
7,500
3,500
1,700
3,546
3,546
110
110
57
3,000
44,000
12,333
1,100
14,800
7,500
1,500
1,500
5,600
1,500
57,000
4,300
16,000
150
319,398
Transcribed Image Text:Accounts payable Accounts receivable Accumulated depreciation - building Accumulated depreciation-furniture and fixtures Building Cash Common stock, $5 par value, 100,000 shares authorized, 50,000 shares issued and outstanding Cost of goods sold Depreciation expense-building Depreciation expense-furniture and fixtures Dividends Franchise Furniture and fixtures Gain on sale of equipment Income tax expense Income tax payable Interest expense Interest payable Interest revenue Land Long term notes payable Merchandise inventory Office supplies inventory Paid-in capital in excess of par Payroll payable Prepaid rent Rent expense Salaries and wages expense Sales returns and allowances Sales revenue Supplies expense Unearned revenue Utilities payable 2,700 19,000 94 42 44,000 16,398 12,000 31,176 94 42 3,500 7,500 3,500 1,700 3,546 3,546 110 110 57 3,000 44,000 12,333 1,100 14,800 7,500 1,500 1,500 5,600 1,500 57,000 4,300 16,000 150 319,398
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