EA13. LO 4.4 Prepare an adjusted trial balance from the following account information, considering theadjustment data provided (assume accounts have normal balances).Accounts payableAccounts receivableAdministrative expense$11,70017,10054,80044,80030,000CashCommon stockPrepaid insuranceService revenue16,00091,000Adjustments needed:Salaries due to administrative employees, but unpaid at period end, $2,000Insurance still unexpired at end of the period, $12,000

Adjusted trial balance is prepared once all the adjusting entries are made in the books. Adjusted…

EA13. LO 4.4 Prepare an adjusted trial balance from the following account information, considering the adjustment data provided (assume accounts have normal balances). Accounts payable Accounts receivable Administrative expense Cash Common stock Prepaid insurance Service revenue $11,700 17,100 54,800 44,800 30,000 16,000 91,000 Adjustments needed: Salaries due to administrative employees, but unpaid at period end, $2,000 Insurance still unexpired at end of the period, $12,000

EA13. LO 4.4 Prepare an adjusted trial balance from the following account information, considering the adjustment data provided (assume accounts have normal balances). Accounts payable Accounts receivable Administrative expense Cash Common stock Prepaid insurance Service revenue $11,700 17,100 54,800 44,800 30,000 16,000 91,000 Adjustments needed: Salaries due to administrative employees, but unpaid at period end, $2,000 Insurance still unexpired at end of the period, $12,000

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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Adjusted Trial Balance Before the dosingentries are mode, you begin with an adjusted trial balance. The closing entries are essentially the link from Chandler Company ADJUSTED TRIAL BALANCE Decermber 31, 2018 ACCOUNT TIILE * Accounts Recenvable 00 000 Pepaid Insurance 00 000 0 *Equipment 00 000'09 1:Acoumulated Deprecietion-Equippment, 000000 गव्धानण/ 00 000'9 2Slanes Payable 00:000' Icome Taxes Payable 00000 Roscoe Chandler,Gpital 00000 Roscoe Chander, Drawing 00000' 165,600.00 Fees Eamed Rent Revenue Iterest Revenue 00 000 Salaries Experse Income TaxesExpense ఇయర్త రుగ్ార్ గా Depreciation Expense-Equipment 00000'S * Insurance Expense 0000 Miscellaneous Expense 00 000 00000 00008 655 00 00865
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Prepare an adjusted trial balance from the following account information, considering the adjustment data provided (assume accounts have normal balances). Adjustments needed: Salaries due to administrative employees, but unpaid at period end, $2,000 Insurance still unexpired at end of the period, $12,000
19. A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income for the current period? Cash Accounts Receivable Prepaid insurance Supplies Unadjusted Trial Balance Debit 1,975 1,000 1,600 330 Credit Adjustments Debit Credit 875 650 115
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What is the adjusted trial balance?
I need help with 2. b. 3. and 4.
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EB11. O 4.3 Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balance and the adjustment data. Unadjusted Trial Balance Account Title Debit Credit 66,000 Equipment Accumulated depreciation Supplies Salaries payable 22,000 6,000 3,500 A amount due for employee salaries, $4,800 B. actual count of supplies inventory, $ 2,300 C. depreciation on equipment, $3,000
Prepare an adjusted trial balance from the following account information, considering the adjustment data provided (assume accounts have normal balances). If an amount box does not require an entry, leave it blank. Accounts Payable $11,100 Accounts Receivable 17,600 Administrative Expense 59,000 Cash 46,000 Common Stock 33,000 Prepaid Insurance 16,300 Service Revenue 94,800 Adjustments needed: • Salaries due to administrative employees, but unpaid at period end, $2,300. • Insurance still unexpired at end of the period, $12,200.
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I need to make adjustments on the end-of-period worksheet using the adjusting journal entries.