Question: the follwing items appeared on december 31 , based on the following information , what is profit for the year? The following items appeared on
The following items appeared on December 31 Excel work sheet. Based on the following information, what is profit for the year? Account Unadjusted Trial Balance Adjustments Trial Balance Dr. Cr. Cr. Dr. Cr. Dr. 9751 3,600) 150 701 10,320 Cash Prepaid insurance Supplies Equipment Accounts payable Unearned fees Owner, capital Owner, withdrawals Fees earned 1.1401 4.500 9.180 375 1,650 5.8501 (375 (300 3151 1,500 2,100 345 150 701 1901 Salaries expense Utilities expense Insurance expense Supplies expense Depreciation expense, equipment Accumulated depreciation, equipment Salaries payable Accounts receivable Total $4,670 $4,125 3151 20,670 20,670 300 1,400 1,400 $2,060 $1,855
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