Dr. E3-13 The trial balances before and after adjustment for Frinzi Company at the end...
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Dr. E3-13 The trial balances before and after adjustment for Frinzi Company at the end of its fiscal year are presented below. FRINZI COMPANY Trial Balance August 31, 2017 Before After Adjustment Adjustment Dr. Cash $10,400 $10,400 Accounts Receivable 8,800 10.800 Supplies 2,300 900 Prepaid Insurance 4,000 2.500 Equipment 14,000 14,000 Accumulated Depreciation Equipment $ 3,600 $ 4,500 Accounts Payable 5,800 5,800 Salaries and Wages Payable -0- 1,100 Unearned Rent Revenue 1.500 600 Common Stock 12.000 12,000 Retained Earnings 3,600 3,600 Service Revenue 34,000 36,000 Rent Revenue 11,000 11,900 Salaries and Wages Expense 17.000 18,100 Supplies Expense 1,400 Rent Expense 15,000 15,000 Insurance Expense 1,500 Depreciation Expense 900 $71,500 $71,500 $75,500 $75,500 Instructions Prepare the adjusting entries that were made. Date 1 Account Names Debit Credit Aug 31 2,000 2.000 0- Aug 31 1,400 1,400 Aug 31 1,500 1,500 Aug 31 900 900 Aug 31 1,100 1,100 Aug 31 900 900
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