Use the results below also inside the bracket to answer the chart 1 below to complete the six-column table by first entering the appropriate adjustments for items a through g and then completing the adjusted trial balance columns. Hint: Item b requires two adjustments. (Do not round your intermediate calculations.)

Solution and Explanation :- . Reconciled balance Necessary adjustme Depreciation expense

$ 6.400 4,600 $ 3,420 es Unearned Revenue Services Ending balances after adjustment $ 77,400 $ 14,600 Warranty Warranty $ 1,935 $ 4,135

Ending balances after adjustment Expense Payat Ending balances after adjustment Working :

Cash balance per ban Add : Deposit in transit Less: Outstand Reconciled balance Cash balan Add: Interest earned

20283 2903 17250

Less: Bank charges Less: Omitted check ($20253 - Reconciled balance

Allowance Accounts Beg. Bal. 695 615 Adjustment

Original cost of Truck () Expected salvage valu Depreciable cost Useful life (in year ($2560ation expense - Truck

14400 Sprayer 36800 17100 21780 4600 3420

Original cost Depreciable cost Useful life (in years) CATCHable Cost ($179 Cation expense ( $36800 / 8 ) e. Unearned Services Revenue = $21900 x 8/12 = $14600

Extermination Services Revenue = $92000 - $14600 = $77400 Warranty Expense = 2.5% x $77400 = $1935 stimated Warranty Liability = $2200 + $1935 = $4135 Since the note is signed on December 31, 2019, no interest is required to be acc

BUG-OFF EXTERMINATORS
December 31, 2019
	Unadjusted Trial Balance		Adjustments		Adjusted Trial Balance
Account Title	Debit	Credit	Debit	Credit	Debit	Credit
Cash	$20,200
Accounts receivable	5,600
Allowance for doubtful accounts		$860
Merchandise inventory	16,500
Trucks	48,000
Accum. deprec.Trucks		0
Equipment	97,000
Accum. deprec.Equip		25,000
Accounts payable		5,800
Estim. warranty liability		2,200
Unearned services rev		0
Interest payable		0
Long-term notes payable		31,000
Common stock		26,000
Retained earnings		70,100
Dividends	26,000
Extermination services revenue		92,000
Interest revenue		904
Sales		113,826
Cost of goods sold	51,100
Deprec. expenseTrucks	0
Deprec. expenseEquip	0
Wages expense	51,000
Interest expense	0
Rent expense	25,000
Bad debts expense	0
Miscellaneous expense	1,290
Repairs expense	16,000
Utilities expense	10,000
Warranty expense	0
Totals	$367,690	$367,690	$0	$0	$0	$0