Assume the unadjusted and adjusted trial balances for Amusement Theater, Inc., at September 30, 2012, show the
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1. Journalize the adjusting entries that account for the differences between the two trialbalances.
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Amusement Theater, Inc. Trial Balance September 30.2012 UNADJUSTED TRIAL BALANCE TRIAL BALANCE OR ADJUSTED ACCOUNT CR DR CR. Cash Accounts Receivable Supplies Prepaid Rent Equipment Accumulated Depreciation, Equipment Accounts Payable Salaries Payable Interest Payable Unearned Service Revenue Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Rent Expense Depreciation Expense, Equipment Interest Expense Supplies Expense Total S 8,300 6,000 4,100 2,800 $ 8,300 6,000 900 2,100 11,000 11,000 S 6,200 1,500 6,950 1,500 1,500 190 3,300 8,000 3,000 8,450 4.200 8,000 3,000 8,450 15,300 15,300 44.700 45,600 22,500 4,500 1,000 550 24,000 5,200 1,750 740 3,200 S76,050 76.050 $78,490 $78,490
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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