Stant Company Unadjusted Trial Balance July 31, 2020 Cash $7,500 Accounts Receivable 38,400 7,200 Prepaid insurance Supplies 1,980 Land 112,500 Building Accumulated depreciation – Building 200,250 $137,550 Equipment Accumulated depreciation – Equipment Accounts payable Salaries and wages payable 135,300 97,950 12,150 Unearned rent 6,750 Tracy Stant, Capital Tracy Stant, Drawing 221,000 15,000 Fees earned 324,600 Salaries and wages expense 193,370 Utilities expense 42,375 Insurance expense Supplies expense Depreciation expense Advertising expense Repairs expense Miscellaneous expense 22,800 17,250 6,075 $800,000 $800,000 Uca thic trial balance to iournaliza the following adiusting entrias

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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Stant Company
Unadjusted Trial Balance
July 31, 2020
Cash
$7,500
Accounts Receivable
38,400
Prepaid insurance
7,200
Supplies
1,980
Land
112,500
Building
Accumulated depreciation – Building
200,250
$137,550
Equipment
Accumulated depreciation - Equipment
Accounts payable
Salaries and wages payable
135,300
97,950
12,150
Unearned rent
6,750
Tracy Stant, Capital
Tracy Stant, Drawing
221,000
15,000
Fees earned
324,600
Salaries and wages expense
193,370
Utilities expense
42,375
Insurance expense
Supplies expense
Depreciation expense
Advertising expense
22,800
Repairs expense
Miscellaneous expense
17,250
6,075
$800,000
$800,000
Uce thic trial balanca to iournaliza the following adiuuctina entries
Transcribed Image Text:Stant Company Unadjusted Trial Balance July 31, 2020 Cash $7,500 Accounts Receivable 38,400 Prepaid insurance 7,200 Supplies 1,980 Land 112,500 Building Accumulated depreciation – Building 200,250 $137,550 Equipment Accumulated depreciation - Equipment Accounts payable Salaries and wages payable 135,300 97,950 12,150 Unearned rent 6,750 Tracy Stant, Capital Tracy Stant, Drawing 221,000 15,000 Fees earned 324,600 Salaries and wages expense 193,370 Utilities expense 42,375 Insurance expense Supplies expense Depreciation expense Advertising expense 22,800 Repairs expense Miscellaneous expense 17,250 6,075 $800,000 $800,000 Uce thic trial balanca to iournaliza the following adiuuctina entries
Accrued salaries and wages, $1,700.
DATE
Debit
Credit
7/31
Transcribed Image Text:Accrued salaries and wages, $1,700. DATE Debit Credit 7/31
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