The adjusted trlal balance of Shutterbug Photography at December 31, 2017 Is as follows: Accounts Debit...
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The adjusted trlal balance of Shutterbug Photography at December 31, 2017 Is as follows: Accounts Debit Credit Cash $15,000 Accounts Receivable 30,000 Prepaid Insurance 7,500 Supplies 3,200 Building 160,000 Accumulated Depreciation-Building $12,000 Equipment 75,000 Accumulated Depreciation-Equipment 8,500 Land 40,000 Accounts Payable 12,000 Salaries Payable 2,000 Unearned Revenue 25,000 Mortgage Payable 100,000 T. Smith, Capital 21,290 T. Smith, Withdrawals 23,000 Service Revenue 289,000 Salaries Expense 61,000 Depreciation Expense-Building and Equipment 6,150 Supplies Expense 14,040 Insurance Expense 14,000 Utilities Expense 20,900 Total $469,790 $469,790 Using the information above, prepare a post-closing trial balance for Shutterbug Photography (dated December 31, 2017). The adjusted trlal balance of Shutterbug Photography at December 31, 2017 Is as follows: Accounts Debit Credit Cash $15,000 Accounts Receivable 30,000 Prepaid Insurance 7,500 Supplies 3,200 Building 160,000 Accumulated Depreciation-Building $12,000 Equipment 75,000 Accumulated Depreciation-Equipment 8,500 Land 40,000 Accounts Payable 12,000 Salaries Payable 2,000 Unearned Revenue 25,000 Mortgage Payable 100,000 T. Smith, Capital 21,290 T. Smith, Withdrawals 23,000 Service Revenue 289,000 Salaries Expense 61,000 Depreciation Expense-Building and Equipment 6,150 Supplies Expense 14,040 Insurance Expense 14,000 Utilities Expense 20,900 Total $469,790 $469,790 Using the information above, prepare a post-closing trial balance for Shutterbug Photography (dated December 31, 2017).
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A B Answer Post Closing Trial Balance 4 Account Title Debit C... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0078025839
9th edition
Authors: J. David Spiceland, James Sepe , Mark Nelson , Wayne Thomas
Posted Date:
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