Account titles Cash Account Receivable Supplies Prepaid Insurance THAO COMPANY Adjusted Trail Balance For the Year Ended December 31, 2017 Equipment Accumulated Depreciation- Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Owner's Capital Owner's Drawings Service Revenue Advertising Exepnse Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Interest Expense Totals Dr. $ 5,300 10,800 1,500 2,000 27,000 7,000 8,400 4,000 5,600 3,500 28,000 600 $ 103,700 Cr. $ 5,600 15,000 6,100 2,400 600 13,000 61,000 $ 103,700

Account titles Cash Account Receivable Supplies Prepaid Insurance THAO COMPANY Adjusted Trail Balance For the Year Ended December 31, 2017 Equipment Accumulated Depreciation- Equipment Notes Payable Accounts Payable Salaries and Wages Payable Interest Payable Owner's Capital Owner's Drawings Service Revenue Advertising Exepnse Supplies Expense Depreciation Expense Insurance Expense Salaries and Wages Expense Interest Expense Totals Dr. $ 5,300 10,800 1,500 2,000 27,000 7,000 8,400 4,000 5,600 3,500 28,000 600 $ 103,700 Cr. $ 5,600 15,000 6,100 2,400 600 13,000 61,000 $ 103,700

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter9: Current Liabilities, Contingencies, And The Time Value Of Money

Section: Chapter Questions

Problem 9.1E: Current Liabilities The following items are accounts on Smiths balance sheet of December 31, 2016:...

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