From the following trial balance and adjustment data, complete a worksheet for J. Trent as of December
Question:
From the following trial balance and adjustment data, complete a worksheet for J. Trent as of December 31, 2020:a.?Depreciation expense, store equipment, $3.00b.?Insurance expired, $2.00c.?Store supplies on hand, $2.00d.?Wages owed but not paid, $6.00 (an expense of year 2020)
J.TRENT TRIAL BALANCE DECEMBER 31, 2020 Dr. Cr. 800 Cash 900 Accounts Receivable Prepaid Insurance Store Supplies Store Equipment Accumulated Depreciation, Store Equipment 600 600 2400 600 Accounts Payable 2700 1000 J. Trent, Capital J. Trent, Withdrawals 800 3800 Revenue from Clients 800 Rent Expense Wage Expense 1200 8100 8100
Step by Step Answer:
Account Titles Cash Accounts Receivable Prepaid Insurance Store Supplies Store Equipm...View the full answer
College Accounting A Practical Approach
ISBN: 978-0134166698
13th Canadian edition
Authors: Jeffrey Slater, Debra Good
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