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Question 1 ACCOUNTS PAYABLE 14,500.00 ACCOUNTS RECEIVABLE 7,500.00 CAPITAL STOCK 20,000.00 CASH 21,000.00 CONSULTING REVENUE 18,000.00 OFFICE EQUIPMENT 13,000.00 OFFICE SUPPLIES 500.00 RENT EXPENSE 9,000.00 UTILITIES EXPENSE 1,500.00 Instructions Above is a list of balances for Steel Works Construction as at 31st December 2023. The following additional information was provided: 1. Depreciation Charge on Office Equipment is $1,000 2. All Office Supplies were used during the period. 3. Rent Expense includes $2000 for January 2024 4. $300 was still owing on Utilities Expense You are required to prepare the adjusted Trial Balance for Steel Works Construction as at 31st December, 2023

Question 1 ACCOUNTS PAYABLE 14,500.00 ACCOUNTS RECEIVABLE 7,500.00 CAPITAL STOCK 20,000.00 CASH 21,000.00 CONSULTING REVENUE 18,000.00 OFFICE EQUIPMENT 13,000.00 OFFICE SUPPLIES 500.00 RENT EXPENSE 9,000.00 UTILITIES EXPENSE 1,500.00 Instructions Above is a list of balances for Steel Works Construction as at 31st December 2023. The following additional information was provided: 1. Depreciation Charge on Office Equipment is $1,000 2. All Office Supplies were used during the period. 3. Rent Expense includes $2000 for January 2024 4. $300 was still owing on Utilities Expense You are required to prepare the adjusted Trial Balance for Steel Works Construction as at 31st December, 2023

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question 1 ACCOUNTS PAYABLE 14,500.00 ACCOUNTS RECEIVABLE 7,500.00 CAPITAL STOCK 20,000.00 CASH 21,000.00 CONSULTING REVENUE 18,000.00 OFFICE EQUIPMENT 13,000.00 OFFICE SUPPLIES 500.00 RENT EXPENSE 9,000.00 UTILITIES EXPENSE 1,500.00 Instructions Above is a list of balances for Steel Works Construction as at 31st December 2023. The following additional information was provided: 1. Depreciation Charge on Office Equipment is $1,000 2. All Office Supplies were used during the period. 3. Rent Expense includes $2000 for January 2024 4. $300 was still owing on Utilities Expense You are required to prepare the adjusted Trial Balance for Steel Works Construction as at 31st December, 2023
Transcribed Image Text:Question 1 ACCOUNTS PAYABLE 14,500.00 ACCOUNTS RECEIVABLE 7,500.00 CAPITAL STOCK 20,000.00 CASH 21,000.00 CONSULTING REVENUE 18,000.00 OFFICE EQUIPMENT 13,000.00 OFFICE SUPPLIES 500.00 RENT EXPENSE 9,000.00 UTILITIES EXPENSE 1,500.00 Instructions Above is a list of balances for Steel Works Construction as at 31st December 2023. The following additional information was provided: 1. Depreciation Charge on Office Equipment is $1,000 2. All Office Supplies were used during the period. 3. Rent Expense includes $2000 for January 2024 4. $300 was still owing on Utilities Expense You are required to prepare the adjusted Trial Balance for Steel Works Construction as at 31st December, 2023
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