Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security...

    

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Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services has been prepared on the following end-of-period spreadsheet for the year ended October 31, 20Y3: D Alert Security Services Co. End-of-Perod Spreadsheet For the Year Ended October 31, 20Y3 2 4. Unadjusted Trial Balance Adjusted Trial Balance Adjustments Cr. Account Title Dr. Cr. Dr. Dr. Cr. 7. 8 Cash 9 Accounts Receivatle 10 Supplies 11 Prepaid Insurance 12 Land 13 Equipment 14 Accum. Depr-Equipment 15 Accounts Payable 16 Wages Payable 17 Common Stock 18 Retained Earnings 19 Dividends 20 Fees Earned 21 Wages Expense 22 Rent Expense 23 Insurance Expense 24 Uiffes Expense 25 Supplies Expense 26 Depreciation Expense–Equip. 27 Miscelaneous Expense 12 90 8. 12 190 50 4. 36 50 210 8. 200 110 12 28 29 500 500 The data for year-end adjustments are as follows: a. Fees earned, but not yet billed, $13. b. Supplies on hand, $4. c. Insurance premiums expired, $10. d. Depreciation expense, $3. e. Wages accrued, but not paid, $1. Enter the adjustment data, and place the balances in the Adjusted Trial Balance columns. Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services has been prepared on the following end-of-period spreadsheet for the year ended October 31, 20Y3: D Alert Security Services Co. End-of-Perod Spreadsheet For the Year Ended October 31, 20Y3 2 4. Unadjusted Trial Balance Adjusted Trial Balance Adjustments Cr. Account Title Dr. Cr. Dr. Dr. Cr. 7. 8 Cash 9 Accounts Receivatle 10 Supplies 11 Prepaid Insurance 12 Land 13 Equipment 14 Accum. Depr-Equipment 15 Accounts Payable 16 Wages Payable 17 Common Stock 18 Retained Earnings 19 Dividends 20 Fees Earned 21 Wages Expense 22 Rent Expense 23 Insurance Expense 24 Uiffes Expense 25 Supplies Expense 26 Depreciation Expense–Equip. 27 Miscelaneous Expense 12 90 8. 12 190 50 4. 36 50 210 8. 200 110 12 28 29 500 500 The data for year-end adjustments are as follows: a. Fees earned, but not yet billed, $13. b. Supplies on hand, $4. c. Insurance premiums expired, $10. d. Depreciation expense, $3. e. Wages accrued, but not paid, $1. Enter the adjustment data, and place the balances in the Adjusted Trial Balance columns.

Answer rating: 100% (QA)

Adjustments summarised Fees earned but not billed will be billed by debiting accounts receivables an... View the full answer