A partial work sheet for Marge's Place is shown below.
Prepare the following adjustments on this work sheet for the month ended June 30, 20--.
If no amount is required, enter 0.
Marge's Place | ||||||||||||
Work Sheet | ||||||||||||
For Month Ended June 30, 20-- | ||||||||||||
TRIAL BALANCE | ADJUSTMENTS | |||||||||||
ACCOUNT NAME | DEBIT | CREDIT | DEBIT | CREDIT | ||||||||
1 | Cash | 4,609 | 1 | |||||||||
2 | Supplies | 250 | 2 | |||||||||
3 | Prepaid Insurance | 1,800 | 3 | |||||||||
4 | Equipment | 4,880 | 4 | |||||||||
5 | Accumulated Depreciation, Equipment | 1,350 | 5 | |||||||||
6 | Accounts Payable | 2,539 | 6 | |||||||||
7 | M. Benson, Capital | 4,783 | 7 | |||||||||
8 | M. Benson, Drawing | 2,000 | 8 | |||||||||
9 | Income from Services | 6,937 | 9 | |||||||||
10 | Rent Expense | 1,086 | 10 | |||||||||
11 | Supplies Expense | 256 | 11 | |||||||||
12 | Wages Expense | 660 | 12 | |||||||||
13 | Miscellaneous Expense | 68 | 13 | |||||||||
14 | 15,609 | 15,609 | 14 | |||||||||
15 | Insurance Expense | 15 | ||||||||||
16 | Depreciation Expense, Equipment | 16 | ||||||||||
17 | Wages Payable | 17 | ||||||||||
18 | 18 |
Account Names | Unadjusted Trial Balance | Adjustments | Adjusted Trial Balance | |||||
Debit | Credit | Debit | Credit | Debit | Credit | |||
Cash | 4,609 | 4,609 | ||||||
Supplies expenses | 250 | 110 | 140 | |||||
Prepaid Insurance | 1,800 | 570 | 1230 | |||||
Equipment | 4,880 | 4,880 | ||||||
Accumulated dep | 1350 | 820 | 2170 | |||||
Accounts payable | 2539 | 2,539 | ||||||
M. Benson capital | 4783 | 4,783 | ||||||
M. Benson drawings | 2000 | 2000 | ||||||
Income from Services | 6937 | 6,937 | ||||||
Rent expenses | 1086 | 1086 | ||||||
Supplies expenses | 256 | 110 | 366 | |||||
Wages expense | 660 | 1430 | 2,090 | |||||
Misc. expense | 68 | 68 | ||||||
Insurance expenses | 570 | 570 | ||||||
Depreciation expenses | 820 | 820 | ||||||
Wages payable | 1430 | 1430 | ||||||
Total | 15,609 | 15609 | 2,930 | 2,930 | 17,859 | 17,859 |
Get Answers For Free
Most questions answered within 1 hours.