Chapter 3, Problem E3.30E

Using the worksheet to prepare the adjusted trial balance

Learning Objective 6

Adj. trial balance $273,700 total

MACEY's LANDSCAPING SERVICES Worksheet December 31, 2018
Account Names	Unadjusted Trial Balance			Adjustments			Adjusted Trial Balance
	Debit	Credit		Debit		Credit	Debit	Credit
Cash	$27,400
Accounts Receivable	6,700		(h)	$3,500
Office Supplies	500				(b)	$350
Prepaid Rent	2,300				(a)	1,150
Equipment	50,000
Accumulated Depreciation—Equipment					(c)	1,300
Trucks	114,000
Accumulated Depreciation—Trucks					(d)	1,900
Accounts Payable		$3,800
Utilities Payable		300
Salaries Payable					(f)	7,200
Interest Payable					(g)	300
Unearned Revenue		4,500	(e)	3,200
Notes Payable		25,000
Macey, Capital		141,900
Macey, Withdrawals	21,000
Service Revenue		84,000			(e,h)	6,700
Rent Expense	9,200		(a)	1,150
Salaries Expense	23,800		(f)	7,200
Supplies Expense			(b)	350
Utilities Expense	4,600
Depreciation Expense—Equipment			(c)	1,300
Depreciation Expense—Trucks			(d)	1,900
Interest Expense			(g)	300
Total	$259,500	$259,500		$18,900		$18,900

Requirements

1. Calculate and enter the adjusted account balances in the Adjusted Trial Balance columns.
2. Describe each adjusting entry. For example, a. Prepaid rent expires, $1,150.

The worksheet of Macey’s Landscaping Services follows but is incomplete.