REM Consulting is completing the accounting information processing at the end of the fiscal year,...
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REM Consulting is completing the accounting information processing at the end of the fiscal year, December 31. The following trial balances are available. Accounts Unadjusted Trial Balance Adjusted Trial Balance Debit Credit Debit Credit Cash 13,000 13,000 Accounts Receivable 1,500 1,800 Prepaid Insurance 600 200 Supplies 3,800 3,000 Machines 30,000 30,000 Accumulated Depreciation 12,000 17,500 Wages Payable 900 Unearned Fees 6,700 6,500 Randall E. Moore, Capital 24,000 24,000 Randall E. Moore, Drawing 4,800 4,800 Fees Earned 25,000 25,500 Wages Expense 14,000 14,900 Depreciation Expense 5,500 Supplies Expense 800 Insurance Expense 400 67,700 67,700 74,400 74,400 Question Content Area a. Reconstruct the adjusting
b. Determine the amount of REM's net income or loss. a. Reconstruct the adjusting entries. If an amount box does not require an entry, leave it blank. REM Consulting is completing the accounting information processing at the end of the fiscal year, December 31 . The following trial balances are available
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