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
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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
$11,700
17,100
54,800
44,800
30,000
Cash
Common stock
Prepaid insurance
Service revenue
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
Transcribed Image Text: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 $11,700 17,100 54,800 44,800 30,000 Cash Common stock Prepaid insurance Service revenue 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
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