Journal Entry Problem #6 Financial Accounting Principles 20 points The trial balance of A. Duck Ponds, Inc., at December 31, 20XX, and the data needed for the year-end adjustments follow. (Round all results to the nearest whole dollar amount.) a.Depreciation on furniture for the year, $370. b. Depreciation on building for the year, $130. c.Depreciation on equipment for the year, $2,100 Duck Ponds, Inc. Trial Balance December 31, 20XX Account Title Debit Credit $16,800 41,560 100 1,290 5,900 111,130 15,350 Cash Accounts receivable Allowance for doubtful accounts Prepaid rent Supplies Investments Furniture Accumulated depreciation- furniture Equipment Accumulated depreciation- equipment Buildin Accumulated depreciation- buildin Accounts payable Salary pavable Unearned revenue, customer deposits Bonds payable Premium of bonds payable Common stock Retained earnings Dividends Revenue Salary expense Rent expense Utilities expense Depreciation expense-furniture Depreciation expense-equipment Depreciation expense-buildin Advertising expense Supplies expense Bad debts expense Interest expense 12,800 44,600 1,830 89,900 28,600 6,240 8,900 150,000 4,000 20,000 54,920 4,800 128,800 51,600 5,000 10,410 0 0 0 5,650 12,000 0 Journal Entry Problem #6 Financial Accounting Principles 20 points The trial balance of A. Duck Ponds, Inc., at December 31, 20XX, and the data needed for the year-end adjustments follow. (Round all results to the nearest whole dollar amount.) a.Depreciation on furniture for the year, $370. b. Depreciation on building for the year, $130. c.Depreciation on equipment for the year, $2,100 Duck Ponds, Inc. Trial Balance December 31, 20XX Account Title Debit Credit $16,800 41,560 100 1,290 5,900 111,130 15,350 Cash Accounts receivable Allowance for doubtful accounts Prepaid rent Supplies Investments Furniture Accumulated depreciation- furniture Equipment Accumulated depreciation- equipment Buildin Accumulated depreciation- buildin Accounts payable Salary pavable Unearned revenue, customer deposits Bonds payable Premium of bonds payable Common stock Retained earnings Dividends Revenue Salary expense Rent expense Utilities expense Depreciation expense-furniture Depreciation expense-equipment Depreciation expense-buildin Advertising expense Supplies expense Bad debts expense Interest expense 12,800 44,600 1,830 89,900 28,600 6,240 8,900 150,000 4,000 20,000 54,920 4,800 128,800 51,600 5,000 10,410 0 0 0 5,650 12,000 0