The worksheet of Macey's Landscaping Services follows but is incomplete.

Requirements
1. Calculate and enter the adjusted account balances in the Adjusted Trial Balance columns.
2. Describe each adjusting entry. For example, a. Prepaid rent expires, $1,150.

Transcribed Image Text:

MACEY'S LANDSCAPING SERVICES Worksheet December 31, 2018 Unadjusted Trial Balance Adjusted Trial Balance Adjustments Account Names Credit Credit Debit Debit Debit Credit $ 27,400 Cash (h) S 3,500 (b) $ Accounts Receivable 6,700 500 Office Supplies 350 Prepaid Rent Equipment Accumulated Depreciation-Equipment 1,150 2,300 (a) 50,000 (c) 1,300 Trucks 114,000 Accumulated Depreciation-Trucks Accounts Payable (d) 1,900 $ 3,800 Utilities Payable 300 Salaries Payable (f) 7,200 Interest Payable (9) 300 4,500 (e) Unearned Revenue 3,200 Notes Payable 25,000 Common Stock 141,900 Dividends Service Revenue Rent Expense 21,000 84,000 (e, h) 6,700 9,200 (a) 1,150 Salaries Expense 23,800 (f) 7,200 Supplies Expense 350 (b) Utilities Expense Depreciation Expense-Equipment 4,600 (c) 1,300 1,900 Depreciation Expense-Trucks (d) Interest Expense (g) $ 18,900 300 $ 259,500 $ 259,500 S 18,900 Total