Question: Shown below are selected data taken from the unadjusted and adjusted trial balances for the Simonson Company for the current year ended December 31.

Shown below are selected data taken from the unadjusted and adjusted trial

Shown below are selected data taken from the unadjusted and adjusted trial balances for the Simonson Company for the current year ended December 31. Determine the items A through H below. Account Cash Accounts receivable Office supplies Prepaid insurance Office equipment Accumulated depreciation - Office equipment Accounts payable Salaries payable Common stock Retained earnings Revenue earned Advertising expense Depreciation expense-Office equipment Insurance expense Office supplies expense Rent expense Salaries expense Answers: A.... E.................. Simonson Company Trial Balances December 31 B.. Unadjusted Trial Balance Debit 10,000 88.270 700 (C) 49,600 15,000 0 O 0 28,500 462,000 F................................ Credit 36,400 0 (F) (G) Adjusted Trial Balance G..... Debit (A) 90,770 (11) 500 15,000 2.160 4,300 480 28.500 (HD) C.................. Credit 10,260 36,400 2.700 40,000 36,370 542.500 ************ H..

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