The Carla Vista Corporation had the following unadjusted trial balance at the end of its fiscal year, July
tableDebit,CreditCash$Accounts Receivable,SuppliesPrepaid Rent,EquipmentAccumulated DepreciationEquipment,,$
tableAccounts Receivable,SuppliesPrepaid Rent,EquipmentAccumulated DepreciationEquipment,,$
Additional information for adjusting entries:
On July the company had performed $ of services for a client that it had not billed or recorded.
Record rent expense this month. The current balance in Prepaid Rent represents months of rent.
Supplies on hand on July were $
Unrecorded monthly depreciation is $
Interest is due on the note payable on the first day of each following month, beginning August Interest for July is $
As of July the company owed $ of salaries and wages to its employees for the month just ended.
During July, the company satisfied $ worth of services related to amounts that had previously been recorded as Unearned Service Revenue. This revenue has not yet been recorded.
