Question: Activity 2.b - More Practice Preparing the Adjusted Trial Balance Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter


Activity 2.b - More Practice Preparing the Adjusted Trial Balance Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter accounts in order of assets, liabilities, common stock, dividends, revenues, and expenses. Assume all accounts have normal balances. Accounts Payable 9,840 Accounts Receivable 6,150 Accumulated Depreciation--Furniture 11,070 Cash 27,060 Balance Common Stock 105,780 Account Title Debit Credit Cost of Goods Sold 3,690 Depreciation Expense--Furniture 14,760 Dividends 22,140 Furniture 44,280 Income Tax Expense 17,220 Income Taxes Payable 18,450 Inventory 19,680 Notes Payable 6,150 Inventory 19,680 Notes Payable 6,150 Office Supplies 7,380 Prepaid Rent 12,300 Rent Expense 24,600 Salaries Expense 34,440 Salaries Payable 4,920 Service Revenue 75,030 Supplies Expense 4,920 Unearned Revenue 11,070 Utilities Expense 7,380 Utilities Payable 3,690 Total
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