Question: Could you please help me solve this problem? Thank you Problem 3-8 Flint Advertising was founded by Murali Vedula in January 2015. Presented below are
Problem 3-8 Flint Advertising was founded by Murali Vedula in January 2015. Presented below are both the adjusted and unadjusted trial balances as of December 31, 2017 FLINT ADVERTISING TRIAL BALANCE DECEMBER 31, 2017 Unadjusted Dr Adjusted Dr Cr. Cr. Cash Accounts Receivable Supplies Prepaid Insurance Equipment $12,670 16,540 9,890 4,410 64,700 $12,670 19,986 6,723 2,706 64,700 $27,100 7,700 1,850 Notes Payable Accounts Payable Interest Payable Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings $32,290 7,700 1,850 539 3,741 788 19,940 12,910 5,460 19,940 12,910 10,600 10,600 59,710 64,875 Service Revenue Salaries and Wages Expense Insurance Expense Interest Expense Depreciation Expense Supplies Expense Rent Expense 10,468 1,704 539 5,190 3,167 6,180 9,680 6,180 $134,670 $134,670 $144,633 $144,633
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