Famous Cut Hair Stylists has begun the preparation of its worksheet as follows: Year- end data include
Question:
Famous Cut Hair Stylists has begun the preparation of its worksheet as follows:
Year- end data include the following:
a. Office supplies on hand, $ 300.
b. Depreciation, $ 1,000.
c. Accrued interest expense, $ 600.
Complete Famous Cut’s worksheet through the adjusted trial balance section. In the adjustments section, mark each adjustment byletter.
Transcribed Image Text:
FAMOUS CUT HAIR STYLISTS Worksheet December 31, 2014 Adjusted Trial Balanc Adjustments Debit CreditDebit Credt Debit redit Unadjusted Trial Balance Account Names Csh 5 B00 Office Supplies 900 19,100 Equipment s t0c0 200 Accumulated Depredation quipment 11 Accounts Payb 12 Interest Payable 3 Nate Paysble 4 Common Stock 15 Service Revenue 16 Rent Expense 17 Supplies Expenee 19 Deprediation Expense Equipment 9 Interest Expense 2,500 7,400 14,800 4,500 600 Total 5 25,900 25,900
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133255584
4th Edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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