The Adjusted Trial Balance columns of a 10-column work sheet for Planta Company follow. Complete the work
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Balance Sheet and Unadjusted Trial Balance Adjustments Adjusted Trial Balance Income Statement of Statement Owner's Equi Dr No. Account Title 101 Cash 106 Accounts receivable 153 Trucks 154 Accumulated depreciation-Trucks 183 Land 201 Accounts payable 209 Salaries payable 233 Unearned fees 301 F. Planta, Capital 302 F. Planta, Withdrawals 401 Plumbing fees earned 611 Depreciation expense Trucks 622 Salaries expense 640 Rent expense 677 Miscellaneous expenses Cr. Dr. Cr. Dr. $ 7,000 27,200 42,000 $17,500 32,000 15,000 4,200 3,600 65,500 15,400 84,000 6,500 38,000 13,000 8,700 Totals $189,800 $189,800
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Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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