1. The adjusted trial balance columns of the worksheet for Savaglia Company are as follows. SAVAGLIA COMPANY Worksheet (partial) For the Month Ended April 30, 2017 Adjusted Trial Balance Income Statement Balance Sheet Account Titles Dr. Cr. Dr. Cr. Dr. Cr. Cash Accounts Receivable 10,000 7,840 2,280 23,050 Prepaid Rent Equipment Accumulated Depreciation-Equip. Notes Payable Accounts Payable Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable 4,900 5,700 4,920 27,960 3,650 15,590 10,840 760 650 57 57 Totals 59,127 59,127 Instructions Complete the worksheet.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter4: The Adjustment Process
Section: Chapter Questions
Problem 13EB: Prepare an adjusted trial balance from the following account information, considering the adjustment...
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1. The adjusted trial balance columns of the worksheet for Savaglia Company are as follows.
SAVAGLIA COMPANY
Worksheet (partial)
For the Month Ended April 30, 2o17
Adjusted
Trial Balance
Income
Balance Sheet
Cr.
Dr.
Statement
Account Titles
Dr.
Cr.
Dr.
Cr.
Cash
Accounts Receivable
Prepaid Rent
Equipment
Accumulated
Depreciation-Equip.
Notes Payable
Accounts Payable
Owner's Capital
Owner's Drawings
10,000
7,840
2,280
23,050
4,900
5,700
4,920
27,960
3,650
Service Revenue
15,590
Salaries and Wages Expense
Rent Expense
Depreciation Expense
Interest Expense
Interest Payable
Totals
10,840
760
650
57
57
59,127 59,127
Instructions
Complete the worksheet.
Transcribed Image Text:1. The adjusted trial balance columns of the worksheet for Savaglia Company are as follows. SAVAGLIA COMPANY Worksheet (partial) For the Month Ended April 30, 2o17 Adjusted Trial Balance Income Balance Sheet Cr. Dr. Statement Account Titles Dr. Cr. Dr. Cr. Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation-Equip. Notes Payable Accounts Payable Owner's Capital Owner's Drawings 10,000 7,840 2,280 23,050 4,900 5,700 4,920 27,960 3,650 Service Revenue 15,590 Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Interest Payable Totals 10,840 760 650 57 57 59,127 59,127 Instructions Complete the worksheet.
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