Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2019: Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 2019 Adjusted Trial Balance Unadjusted Trial Balance Adjustments Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 12 Accounts Receivable 90 Supplies Prepaid Insurance 8. 12 Land 190 Equipment 50 Accum. Depr.-Equipment 4 Accounts Payable Wages Payable Brenda Schultz, Capital Brenda Schultz, Drawing 36 260 8 Fees Earned 200 Wages Expense 110 Rent Expense Insurance Expense 12 Utilities Expense Supplies Expense Depreciation Expense Miscellaneous Expense 500 500 The data for year-end adjustments are as follows: a. Fees earned but not yet billed, $13. b. Supplies on hand, $4. c. Insurance premiums expired, $10. d. Depreciation expense, $3. e. Wages accrued but not paid, $1. Enter the adjustment data and place the balances in the Adjusted Trial Balance columns.
Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2019: Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 2019 Adjusted Trial Balance Unadjusted Trial Balance Adjustments Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 12 Accounts Receivable 90 Supplies Prepaid Insurance 8. 12 Land 190 Equipment 50 Accum. Depr.-Equipment 4 Accounts Payable Wages Payable Brenda Schultz, Capital Brenda Schultz, Drawing 36 260 8 Fees Earned 200 Wages Expense 110 Rent Expense Insurance Expense 12 Utilities Expense Supplies Expense Depreciation Expense Miscellaneous Expense 500 500 The data for year-end adjustments are as follows: a. Fees earned but not yet billed, $13. b. Supplies on hand, $4. c. Insurance premiums expired, $10. d. Depreciation expense, $3. e. Wages accrued but not paid, $1. Enter the adjustment data and place the balances in the Adjusted Trial Balance columns.
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter1: Introduction To Accounting And Business
Section: Chapter Questions
Problem 18E: Financial information related to Udder Products Company, a proprietorship, for the month ended April...
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