The unadjusted trial balance and adjustment data for Nazari Electrical Services are presented in P4-4B. Data from
Question:
The unadjusted trial balance and adjustment data for Nazari Electrical Services are presented in P4-4B.
Data from P4-4B.
Instructions
Prepare a work sheet for the year ended August 31, 2014.
Taking It Further
Explain why preparing a work sheet is an optional step in the accounting cycle?
Transcribed Image Text:
NAZARI ELECTRICAL SERVICES Trial Balance August 31, 2014 Debit Credit S 13,870 Supplies Debt investments Equipment Accumulated depreciation-equipment Vehicles Accumulated depreciation-vehicles Accounts payable Unearned revenue Notes payable A. Nazari, capital A. Nazari, drawings Service revenue Interest revenue Fuel expense Insurance expense Interest expense Rent expense Salaries expense 18,000 108,000 $ 38,250 98,000 42,875 7,115 48,000 68,175 32,400 180,115 25,235 8,550 2,535 18,900 40,500 $389,390 $389,390
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Taking It Further The preparation of the work sheet is optional because it is not part of the compan...View the full answer
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Related Book For
Accounting Principles Part 1
ISBN: 978-1118306789
6th Canadian edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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