Stark company has the following adjusted accounts with normal balances at Its December 31 year- Notes payable Prepaid insurance. Interest expense $ 21,000 Accumulated depreciation-Buildings 3,500 Accounts receivable 700 Utilities expense 6,500 Interest payable 1,400 Unearned revenue 30,000 Supplies expense Accounts payable Wages payable Cash 8,500 Buildings Wages expense Insurance expense Common stock 2,800 Dividends Services revenue 20,000 Depreciation expense-Buildings 70,000 Supplies Retained earnings $ 25,000 6,000 2,300 500 1,300 400 140,000 8,000 7,000 1,300 64,800

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Stark company has the following adjusted accounts with normal balances at Its December 31 year-end.
$ 21,000 Accumulated depreciation-Buildings
3,500 Accounts receivable
Totals
Notes payable
Prepaid insurance
Interest expense
Accounts payable
Wages payable
Cash
Wages expense
Insurance expense
Common stock
Services revenue
700 Utilities expense
6,500 Interest payable
1,400 Unearned revenue
30,000 Supplies expense
8,500 Buildings
2,800 Dividends
20,000 Depreciation expense-Buildings
70,000 Supplies
Retained earnings
STARK COMPANY
Adjusted Trial Balance
December 31
Use the adjusted trial balance accounts and balances at Its December 31 year-end for Stark Company to prepare an adjusted trial
balance.
$
Debit
0 S
Credit
$ 25,000
6,000
2,300
500
1,300
400
0
140,000
8,000
7,000
1,300
64,800
Transcribed Image Text:Stark company has the following adjusted accounts with normal balances at Its December 31 year-end. $ 21,000 Accumulated depreciation-Buildings 3,500 Accounts receivable Totals Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Common stock Services revenue 700 Utilities expense 6,500 Interest payable 1,400 Unearned revenue 30,000 Supplies expense 8,500 Buildings 2,800 Dividends 20,000 Depreciation expense-Buildings 70,000 Supplies Retained earnings STARK COMPANY Adjusted Trial Balance December 31 Use the adjusted trial balance accounts and balances at Its December 31 year-end for Stark Company to prepare an adjusted trial balance. $ Debit 0 S Credit $ 25,000 6,000 2,300 500 1,300 400 0 140,000 8,000 7,000 1,300 64,800
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