Refer to the data in Exercise 3-12. Prepare the adjusted trial balance for Event Planners for March
Question:
Refer to the data in Exercise 3-12. Prepare the adjusted trial balance for Event Planners for March 31, 2017. The remaining account balances you require (after adjustments) are as follows:
Cash ..................................................................$53,200
Accounts payable .................................................9,500
Jin Singh, capital ................................................12,800
Data from exercise 3-12
The accounting records of Event Planners include the following unadjusted balances at March 31: Accounts Receivable, $5,400; Supplies, $2,700; Salaries Payable, $0; Unearned Service Revenue, $3,000; Service Revenue, $88,000; Salaries Expense, $22,000; Rent Expense, $18,000; Utilities Expense, $12,000; and Supplies Expense, $0.
Step by Step Answer:
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood