Chapter 3, Problem S3.13SE

Preparing an adjusted trial balance

Learning Objective 4

Seth’s Tax Services had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances.

Cash	$?	Equipment	$ 11,000
Land	26,000	Accounts Receivable	4,950
Utilities Payable	150	Office Supplies	700
Accounts Payable	3,700	Walker, Capital	22,600
Accumulated Depreciation−Equipment	1,800	Utilities Expense	1,650
Service Revenue	75,000	Unearned Revenue	900
Supplies Expense	1,100	Depreciation Expense−Equipment	1,900
Walker, Withdrawals	14,000	Salaries Expense	5,600

Prepare the adjusted trial balance for Seth's Tax Services as of December 31, 2018.