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Barney Company Unadjusted Trial Balance December 31, 2018 Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle 145,000 23,000 6,500 24,000 110,000 15,000 75,000 50,000 8,000 16,900 3,000 45,000 46,000 67,600 5,000 490,000 Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense Delivery Expense Depreciation Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Expense Income Tax Expense Total 10,000 45,000 5,000 54,000 12,000 145,000 13,000 4,000 35,000 726,500 726,500 $ 8.000 1 Insurance Expense Prepaid Insurance $ 8.000 S 15,000 2 Depreciation expense |Accumulated Depreciation $ 15,000 S 8.000 3 Wages Expenses Wages Payable $ 8.000 S 12.900 4 Unearned Revenue Service Revenue $ 12.900 S 8.000 5 Accounts Receiavbles Service Revenue S 8.000 S 2,500 6 Supplies Expense Supplies S 2,500 Working notes: 1 Insurance Expenses = $24.000*4/12 = $8.000 6 Supplies Expenses = $6,500-$4,000 = $2,500 Part 3: Prepare the Adjusted Trial Balance (i.e., after the previous 6 journal entries are posted) (Company Name) (Date) Adjusted Trial Balance Cash Accounts Receivable Supplies Prepaid Insurance Inventory Vehicle Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Wages Payable Long-Term Notes Payable Common Stock Retained Earnings (1/1/2018) Dividends Service Revenue Repair Expense Delivery Expense Depreciation Expense Rent Expense Insurance Expense Wages Expense Supplies Expense Interest Expense Income Tax Expense Total
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