Unadjusted Trial Balance Debit Credit Property plant and equipment Accumulated depreciation Prepaid insurance Supplies Unearned service revenue 320,000 89,500 24,000 7,500 3,000
Unadjusted Trial Balance Debit Credit Property plant and equipment Accumulated depreciation Prepaid insurance Supplies Unearned service revenue 320,000 89,500 24,000 7,500 3,000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter7: Operating Assets
Section: Chapter Questions
Problem 39BE: ( Appendix 7A) Impairment Listed below is information related to three assets reported in the...
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Question
Prepare
A. | supplies actual count at year end, $6,500 |
B. | remaining unexpired insurance, $6,000 |
C. | remaining unearned service revenue, $1,200 |
D. | salaries owed to employees, $2,400 |
E. |
![Unadjusted Trial Balance
Debit
Credit
Property plant and equipment
Accumulated depreciation
Prepaid insurance
Supplies
Unearned service revenue
320,000
89,500
24,000
7,500
3,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1d1f8f40-be42-407f-b0d7-721df14cdbbd%2Ff3d80cc3-0b1c-4203-9c72-b87febfbd206%2Fecj61fs.png&w=3840&q=75)
Transcribed Image Text:Unadjusted Trial Balance
Debit
Credit
Property plant and equipment
Accumulated depreciation
Prepaid insurance
Supplies
Unearned service revenue
320,000
89,500
24,000
7,500
3,000
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