On December 31, 2016, Maple Moving Compagy had the following balances before year-end adjustments: 2 3 Cash 62,500 51,000 67,600 4 Accounts Receivable 5 Supplies 6 Trucks 7 Accumulated Depreciation 8 Accounts Payable 9 Interest Payable 10 Wages Payable 176,000 17,600 37,500 11 Unearned Revenue 6,600 12 Notes Payable 100,000 66,000 13 Common Stock 14 Retained Earnings 23,400 15 Service Revenue 167,000 16 Wages Expense 17 Supplies Expense 18 Depreciation Expense 19 Interest Expense 61,000 20 21 Required: 22 Use the unadjusted account balances above and the following year-end data to determine adjusted account balanceE and adiurted rial halance
On December 31, 2016, Maple Moving Compagy had the following balances before year-end adjustments: 2 3 Cash 62,500 51,000 67,600 4 Accounts Receivable 5 Supplies 6 Trucks 7 Accumulated Depreciation 8 Accounts Payable 9 Interest Payable 10 Wages Payable 176,000 17,600 37,500 11 Unearned Revenue 6,600 12 Notes Payable 100,000 66,000 13 Common Stock 14 Retained Earnings 23,400 15 Service Revenue 167,000 16 Wages Expense 17 Supplies Expense 18 Depreciation Expense 19 Interest Expense 61,000 20 21 Required: 22 Use the unadjusted account balances above and the following year-end data to determine adjusted account balanceE and adiurted rial halance
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Only the 4b question and please provife the formulas used thanks!
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v On December 31, 2016, Maple Moving Company had the following balances
A1
A
E
F
1 On December 31, 2016, Maple Moving Compady had the following balances before year-end adjustments:
з Сash
62,500
4 Accounts Receivable
51,000
5 Supplies
6 Trucks
7 Accumulated Depreciation
8 Accounts Payable
9 Interest Payable
10 Wages Payable
11 Unearned Revenue
67,600
176,000
17,600
37,500
6,600
12 Notes Payable
13 Common Stock
14 Retained Earnings
100,000
66,000
23,400
167,000
15 Service Revenue
16 Wages Expense
17 Supplies Expense
61,000
18 Depreciation Expense
19 Interest Expense
20
21 Required:
22 Use the unadjusted account balances above and the following year-end data to determine adjusted account
balances and prepare an adjusted trial balance."
Transcribed Image Text:Reporting adjusted account balances - Excel
FILE
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v On December 31, 2016, Maple Moving Company had the following balances
A1
A
E
F
1 On December 31, 2016, Maple Moving Compady had the following balances before year-end adjustments:
з Сash
62,500
4 Accounts Receivable
51,000
5 Supplies
6 Trucks
7 Accumulated Depreciation
8 Accounts Payable
9 Interest Payable
10 Wages Payable
11 Unearned Revenue
67,600
176,000
17,600
37,500
6,600
12 Notes Payable
13 Common Stock
14 Retained Earnings
100,000
66,000
23,400
167,000
15 Service Revenue
16 Wages Expense
17 Supplies Expense
61,000
18 Depreciation Expense
19 Interest Expense
20
21 Required:
22 Use the unadjusted account balances above and the following year-end data to determine adjusted account
balances and prepare an adjusted trial balance.
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On December 31, 2016, Maple Moving Company had the following balances
A.
26 nterest owed but not yet paid:
10,800
27 upplies on hand:
28 ruck depreciation expense
29 Jnpaid wages earned by employees:
15,000
35,200
3,500
30 Jnearned revenue that has been earned:
2,000
31
32
MAPLE MOVING COMPANY
33
Adjusted Trial Balance
at December 31, 2016
34
35
Account Name
Debits
Credits
36 ash
37 iccounts Receivable
38 upplies
39 rucks
40 iccumulated Depreciation
41 iccounts Payable
42 nterest Payable
43 Vages Payable
44 Inearned Revenue
45 lotes Payable
46 ommon Stock
47 tetained Earnings
48 ervice Revenue
49 Vages Expense
Sheet1
READY
100%
Attempt(s)
Hint"
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A1
On December 31, 2016, Maple Moving Company had the following balances
A.
26 nterest owed but not yet paid:
10,800
27 upplies on hand:
28 ruck depreciation expense
29 Jnpaid wages earned by employees:
15,000
35,200
3,500
30 Jnearned revenue that has been earned:
2,000
31
32
MAPLE MOVING COMPANY
33
Adjusted Trial Balance
at December 31, 2016
34
35
Account Name
Debits
Credits
36 ash
37 iccounts Receivable
38 upplies
39 rucks
40 iccumulated Depreciation
41 iccounts Payable
42 nterest Payable
43 Vages Payable
44 Inearned Revenue
45 lotes Payable
46 ommon Stock
47 tetained Earnings
48 ervice Revenue
49 Vages Expense
Sheet1
READY
100%
Attempt(s)
Hint
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