! Required information [The following information applies to the questions displayed below.] Stark company has the following adjusted accounts and balances at its December 31 year-end. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash $ 11,000 Accumulated depreciation-Buildings 2,500 Accounts receivable 500 Utilities expense 1,500 Interest payable 400 Unearned revenue 10,000 Supplies expense $ 15,000 4,000 1,300 100 800 200 7,500 Buildings 40,000 1,800 Dividends 3,000 Common stock 10,000 Depreciation expense-Buildings 2,000 Retained earnings 14,800 Supplies 800 Services revenue 20,000 Wages expense Insurance expense Use the adjusted trial balance accounts and balances at its December 31 year-end for Stark Company to prepare an adju balance. STARK COMPANY Adjusted Trial Balance December 31 Debit Credit
! Required information [The following information applies to the questions displayed below.] Stark company has the following adjusted accounts and balances at its December 31 year-end. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash $ 11,000 Accumulated depreciation-Buildings 2,500 Accounts receivable 500 Utilities expense 1,500 Interest payable 400 Unearned revenue 10,000 Supplies expense $ 15,000 4,000 1,300 100 800 200 7,500 Buildings 40,000 1,800 Dividends 3,000 Common stock 10,000 Depreciation expense-Buildings 2,000 Retained earnings 14,800 Supplies 800 Services revenue 20,000 Wages expense Insurance expense Use the adjusted trial balance accounts and balances at its December 31 year-end for Stark Company to prepare an adju balance. STARK COMPANY Adjusted Trial Balance December 31 Debit Credit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Required information
[The following information applies to the questions displayed below.]
Stark company has the following adjusted accounts and balances at its December 31 year-end.
Notes payable
Prepaid insurance
Interest expense
Accounts payable
$ 11,000 Accumulated depreciation-Buildings
2,500 Accounts receivable
500 Utilities expense
1,500 Interest payable
400 Unearned revenue
$ 15,000
4,000
1,300
100
Wages payable
Cash
800
200
Wages expense
7,500 Buildings
40,000
1,800 Dividends
3,000
Common stock
10,000 Depreciation expense-Buildings
2,000
Retained earnings
14,800 Supplies
800
Services revenue
20,000
Insurance expense
10,000 Supplies expense
Use the adjusted trial balance accounts and balances at its December 31 year-end for Stark Company to prepare an adjusted trial
balance.
STARK COMPANY
Adjusted Trial Balance
December 31
Debit
Credit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6508ba96-d352-4019-8528-9dae9c761829%2Fb92b1f97-4faf-4be0-bf7a-aa5920d18ec6%2F6bmevf_processed.png&w=3840&q=75)
Transcribed Image Text:!
Required information
[The following information applies to the questions displayed below.]
Stark company has the following adjusted accounts and balances at its December 31 year-end.
Notes payable
Prepaid insurance
Interest expense
Accounts payable
$ 11,000 Accumulated depreciation-Buildings
2,500 Accounts receivable
500 Utilities expense
1,500 Interest payable
400 Unearned revenue
$ 15,000
4,000
1,300
100
Wages payable
Cash
800
200
Wages expense
7,500 Buildings
40,000
1,800 Dividends
3,000
Common stock
10,000 Depreciation expense-Buildings
2,000
Retained earnings
14,800 Supplies
800
Services revenue
20,000
Insurance expense
10,000 Supplies expense
Use the adjusted trial balance accounts and balances at its December 31 year-end for Stark Company to prepare an adjusted trial
balance.
STARK COMPANY
Adjusted Trial Balance
December 31
Debit
Credit
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