The adjusted trial balance for the year ended December 31 for Sheffield Company is presented below: Cash SHEFFIELD COMPANY Adjusted Trial Balance December 31 Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation-equipment Accounts payable Notes payable Interest payable Salaries payable Unearned revenue D. Sheffield, capital D. Sheffield, drawings Service revenue Salaries expense Utilities expense Rent expense Supplies expense Depreciation expense Interest expense Debit $6720 7530 3140 1260 41100 6690 4540 4450 2930 1320 1740 420 $81840 Credit $4110 6830 28000 420 840 8600 15040 18000 $81840
The adjusted trial balance for the year ended December 31 for Sheffield Company is presented below: Cash SHEFFIELD COMPANY Adjusted Trial Balance December 31 Accounts receivable Prepaid rent Supplies Equipment Accumulated depreciation-equipment Accounts payable Notes payable Interest payable Salaries payable Unearned revenue D. Sheffield, capital D. Sheffield, drawings Service revenue Salaries expense Utilities expense Rent expense Supplies expense Depreciation expense Interest expense Debit $6720 7530 3140 1260 41100 6690 4540 4450 2930 1320 1740 420 $81840 Credit $4110 6830 28000 420 840 8600 15040 18000 $81840
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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