From the following trial balance and adjustment data, complete a worksheet for J. Trent as of December
Question:
a. Amortization expense, store equipment, $2.00
b. Insurance expired, $1.00
c. Store supplies on hand, $4.00
d. Wages owed but not paid, $5.00 (they are an expense in the old year)
Transcribed Image Text:
I. TRENT TRIAL BALANCE DECEMBER 31, 2014 Dr. Cr. Cash Accounts Receivable Prepaid Insurance Store Supplies Store Equipment Accumulated Amortization, Store Equipment Accounts Payable . Trent, Capital J. Trent, Withdrawals Revenue from Clients Rent Expense Wage Expense 200 600 700 200 400 1700 24 00 600 47 00 47 00
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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