E4-8 Plevin Company ended its fiscal year on July 31, 2014. The company's adjusted trial balance as of the end of its fiscal year is shown below. PLEVIN COMPANY Adjusted Trial Balance July 31, 2014 No. Account Titles Debit Credit $ 9,840 8,780 101 Cash 112 Accounts Receivable 157 Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue 15,900 158 $ 7,400 201 4,220 1,800 45,200 208 Owner's Capital Owner's Drawings 301 306 16,000 400 Service Revenue 64,000 429 Rent Revenue 6,500 8,000 55,700 14,900 711 Depreciation Expense Salaries and Wages Expense Utilities Expense 726 732 $129,120 $129,120

E4-8 Plevin Company ended its fiscal year on July 31, 2014. The company's adjusted trial balance as of the end of its fiscal year is shown below. PLEVIN COMPANY Adjusted Trial Balance July 31, 2014 No. Account Titles Debit Credit $ 9,840 8,780 101 Cash 112 Accounts Receivable 157 Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue 15,900 158 $ 7,400 201 4,220 1,800 45,200 208 Owner's Capital Owner's Drawings 301 306 16,000 400 Service Revenue 64,000 429 Rent Revenue 6,500 8,000 55,700 14,900 711 Depreciation Expense Salaries and Wages Expense Utilities Expense 726 732 $129,120 $129,120

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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A-5
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