Question 17 The ledger of Marigold Company includes the following unadjusted balances: Prepaid Insurance $4,000,...
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Question 17 The ledger of Marigold Company includes the following unadjusted balances: Prepaid Insurance $4,000, Service Revenue $59,000, and Salaries and Wages Expense $27,000. Adjusting entries are required for (a) expired insurance $2,200; (b) services performed $1,300, but unbilled and uncollected; and (c) accrued salaries payable $800 Enter the unadjusted balances and adjustments into a worksheet and complete the worksheet for all accounts. MARIGOLD COMPANY Trial Balance Dr Adjustments Adjusted Trial Balance Income Statement Dr Balance Sheet Dr Account Titles Cr Dr Dr Prepaid Insurance Service Revenue Salaries and Wages Expense Accounts Receivable Salaries and Wages Payable Insurance Expense Click if you would like to Show Work for this question: 2200 59000 1300 26 Open Show Work
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