The accountant for Sweetwater Laundry prepared the following unadjusted and adjusted trial balances. Assume that all balances
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Sweetwater Laundry Trial Balance October 31, 2008 Unadjusted Adjusted Debit Credit Debit Credit Balances Balances Balances Balances 7,500 18,250 3,750 7,500 22,000 5,500 1,400 134,000 Accounts Receivable .._. Laundry Supplies. 48,000 48,000 9,600 1,200 9,600 60,300 182,100 28,775 Laundry Revnue 182,100 49,200 25,575 18,500 6,000 1,750 Depreciation Expense Laundry Supplies Expense . . . . 3,250 300,000 3,250 304,250 300,000 301,200 $3,800 of insurance expired during the year
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Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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