Question: Hello, can you please help with this question. I am struggling and very confused. This is unadjusted trial balance from Comprehensive Question # 2 (chs.
Hello, can you please help with this question. I am struggling and very confused.







This is unadjusted trial balance from Comprehensive Question # 2 (chs. 1-3) 1. An inventory of supplies showed $100 of supplies were left 2. There was $400 of depreciation on Furniture 3. $1,080 of insurance was purchased for 12 months. Three month of insurance was used. 4. Performed $1,500 of services that was paid for in advance 5. On last day of the month, performed $6,000 of services for new customer and will be paid next month 6. Happy cleaners provided $700 of cleaning services on the last day of the month. They will be paid next month. General Journal General Ledger (starting with balances from unadjusted trial balance) \begin{tabular}{l|l|l|ll|l|l|l} \multicolumn{3}{c}{ Accounts Receivable } & & \multicolumn{3}{c}{ Utilities Payable } \\ \cline { 1 } \cline { 6 - 8 } Unadj Bal. & 1,100 & & & & & 600 & Unadj Bal. \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & \end{tabular} \begin{tabular}{l|l|l|l} \multicolumn{4}{c}{ Supplies Expense } \\ \hline & & & \\ \hline & & & \\ \hline & & & \end{tabular} \begin{tabular}{l|l|l|l} \multicolumn{4}{c}{ Rent Expense } \\ \hline Unadj Bal. & 800 & & \\ \hline & & & \\ \hline & & & \end{tabular} Adiusted Trial Balance After completing the comprehensive Question #3 worksheet, answer the following questions: 1) what is the total debit balance amount on the adjusted trial balance. 2) What is the total stockholders' equity balance on the balance sheet 3) What is the total liabilities and stockholders Equity balance on the balance sheet Note: Do not enter commas or spaces in your answer. 2 A A
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
