D No. 101 201 112 Accounts Receivable 208 157 Equipment 158 Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue 311 320 332 400 429 Cash 711 726 732 Monty Company Adjusted Trial Balance July 31, 2022 Account Titles Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense Debit $8,600 9,500 15,900 15,500 9,000 56,300 15,500 Credit $7,800 4,000 2,100 18,900 26,500 65,000 6,000 $130,300 $130,300
D No. 101 201 112 Accounts Receivable 208 157 Equipment 158 Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue 311 320 332 400 429 Cash 711 726 732 Monty Company Adjusted Trial Balance July 31, 2022 Account Titles Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense Debit $8,600 9,500 15,900 15,500 9,000 56,300 15,500 Credit $7,800 4,000 2,100 18,900 26,500 65,000 6,000 $130,300 $130,300
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
D2.
Transcribed Image Text:D
No.
101
208
112 Accounts Receivable
311
157
158
201 Accounts Payable
320
332
400
429
Cash
711
726
732
Monty Company
Adjusted Trial Balance
July 31, 2022
Account Titles
Equipment
Accumulated Depreciation-Equip.
Unearned Rent Revenue
Common Stock
Retained Earnings
Dividends
Service Revenue
Rent Revenue
Depreciation Expense
Salaries and Wages Expense
Utilities Expense
Debit
$8,600
9,500
15,900
15,500
Credit
$7,800
4,000
2,100
18,900
26,500
65,000
6,000
9,000
56,300
15,500
$130,300 $130,300
Transcribed Image Text:Post to the Retained Earnings and Income Summary accounts. (Post entries in the order of journal entries presented in the previous
part. Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses e.g. (45).)
Date Explanation
July
31
July
31
July
31
Date Explanation
July
31
July
31
July
31
Retained Earnings
Ref
315
J15
315
Income Summary
Ref
315
315
Debit
J15
Debit
Credit
Credit
No. 320
Balance
No: 350
Balance
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