50.1K
Verified Solution
Link Copied!
1.
A Companys trial balance after one year appears below.
A Company
Trial Balance
June 30, 2021
Cash 9,750
Accounts Receivable 8,127
Office Supplies 1,146
Office Equipment 11,265
Accounts Payable 3,888
Unearned Services 15,000
Common Stock 12,000
Dividends 18,000
Earned Services 54,525
Rent Expense 5,400
Utilities Expense 2,151
Wages Expense 29,574
85,413 85,413
- Determine the adjusting entries and post them directly to the T accounts.
- Services rendered during the month but not yet billed $ 2,175.
- Services rendered that should be applied against unearned services, $ 9,450.
- Wages earned by employees but not yet paid $ 360.
- Estimated depreciation on office equipment, $ 1,800.
Answer & Explanation
Solved by verified expert
