GLAlgo Based on Problem A LO C P P
The unadjusted trial balance for Lee Construction Company at its June current fiscal yearend, is found on the trial balance tab. The credit balance of the E Lee, Capital account was $ on June of the prior year, and the owner invested $ cash during the current fiscal year.
Information for adjustments is as follows:
Supplies available at the end of the current fiscal year total $
Cost of expired insurance for the current fiscal year is $
Annual depreciation on equipment is $
June utilities expense of $ is not included in the unadjusted trial balance because the bill arrived after the trial balance was prepared. The $ amount owed must be recorded.
Employees have earned $ of accrued and unpaid wages at fiscal yearend.
Rent expense incurred and not yet paid or recorded at fiscal yearend is $
Additional property taxes of $ have been assessed for this fiscal year but have not been paid or recorded at fiscal yearend.
$ accrued interest for June has not yet been paid or recorded.
