Below is Brandy Eliot Accountings adjusted trial balance at the end of its annual accounting period. Brandy
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Below is Brandy Eliot Accounting’s adjusted trial balance at the end of its annual accounting period.
Brandy Eliot Accounting’s | ||
Trial Balance | ||
December 31st 2020 | ||
Debit | Credit | |
Cash | 20,300 | |
Accounts receivable | 18,475 | |
Equipment | 30,200 | |
Office supplies | 8,550 | |
Accumulated depreciation, equipment | 18,000 | |
Accounts payable | 6,000 | |
Brandy Eliot, Capital | 48,000 | |
Brandy Eliot, Withdrawals, | 11,000 | |
Depreciation expense, equipment | 3,000 | |
Service Revenues | 28,950 | |
Insurance expense | 3,000 | |
Rent expense | 2,400 | |
Salaries expense | 2,800 | |
Telephone & Internet expense | 1,225 | |
Total | 100,950 | 100,950 |
Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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