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Complete the Adjusted Trial Balance based on the below

Complete the Adjusted Trial Balance based on the below

College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter16: Accounting For Accounts Receivable
Section: Chapter Questions
Problem 8SPB: UNCOLLECTIBLE ACCOUNTSALLOWANCE METHOD Lewis Warehouse used the allowance method to record the...
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Complete the Adjusted Trial Balance based on the below

 

Unadjusted Trial Balance "For the Month Ending 31/8/2021" Acc. No. Account Dr Cr 101 Cash 176,234 102 Accounts receivable 27,218 103 Inventory Office Supplies 42,198 104 16,832 111 GST Paid 9,281 Prepaid Insurance Prepaid Rent 141 8,910 142 16,380 143 Interest Receivable 5,234 155 Office Furniture 23,040 156 Accum. Depreciation - Office Furniture 5,760 158 Motor Vehicle 84,000 159 Accum. Depreciation - Motor Vehicle 16,800 201 Accounts Payable 6,330 222 GST Collected 18,378 240 Interest Due 2,806 241 Unearned Revenue 36,120 Wages Payable Utilities Payable Consulting Fees Payable 242 1,830 243 2,033 244 3,044 251 Bank Loan 33,990 261 PAYG Withheld 4,590 301 Capital 182,930 302 Drawings 4,780 401 Sales Revenue 154,782 402 Service Revenue 28,998 403 Interest Revenue 5,234 501 Cost of Good Sold 46,435 Computer Expense Office Supplies Expense 601 896 602 603 Interest Expense 2,806 604 Consulting Expense 6,088 605 Insurance Expense Rent Expense Sales Commission Expense Utilities Expense 606 607 4,643 608 6,100 Wage Expense Advertising Expense Depreciation Expense - Motor Vehicle Depreciation Expense - Office Furniture ТOTAL 609 18,300 610 4,250 651 655 503,625 503,625
Transcribed Image Text:Unadjusted Trial Balance "For the Month Ending 31/8/2021" Acc. No. Account Dr Cr 101 Cash 176,234 102 Accounts receivable 27,218 103 Inventory Office Supplies 42,198 104 16,832 111 GST Paid 9,281 Prepaid Insurance Prepaid Rent 141 8,910 142 16,380 143 Interest Receivable 5,234 155 Office Furniture 23,040 156 Accum. Depreciation - Office Furniture 5,760 158 Motor Vehicle 84,000 159 Accum. Depreciation - Motor Vehicle 16,800 201 Accounts Payable 6,330 222 GST Collected 18,378 240 Interest Due 2,806 241 Unearned Revenue 36,120 Wages Payable Utilities Payable Consulting Fees Payable 242 1,830 243 2,033 244 3,044 251 Bank Loan 33,990 261 PAYG Withheld 4,590 301 Capital 182,930 302 Drawings 4,780 401 Sales Revenue 154,782 402 Service Revenue 28,998 403 Interest Revenue 5,234 501 Cost of Good Sold 46,435 Computer Expense Office Supplies Expense 601 896 602 603 Interest Expense 2,806 604 Consulting Expense 6,088 605 Insurance Expense Rent Expense Sales Commission Expense Utilities Expense 606 607 4,643 608 6,100 Wage Expense Advertising Expense Depreciation Expense - Motor Vehicle Depreciation Expense - Office Furniture ТOTAL 609 18,300 610 4,250 651 655 503,625 503,625
Date Accounts Dr Cr Depreciation Expense - Motor Vehicle Accum. Depreciation - Motor Vehicle 31/08/2021 700 700 Wage Expense Wages Payable PAYG Withheld 31/08/2021 7,350 6,027 1,323 31/08/2021 Unearned Revenue 28,380 Sales Revenue 25,542 GST Collected 2,838 31/08/2021 Interest Receivable 128 Interest Revenue 128 31/08/2021 Rent Expense 1,820 Prepaid Rent 1,820 Office Supplies Expense Office Supplies 31/08/2021 40 40 Depreciation Expense - Office Furniture Accum. Depreciation - Office Furniture 31/08/2021 480 480 Wage Expense Wages Payable 31/08/2021 8,680 7,812 PAYG Withheld 868 31/08/2021 Insurance Expense 990 Prepaid Insurance 990
Transcribed Image Text:Date Accounts Dr Cr Depreciation Expense - Motor Vehicle Accum. Depreciation - Motor Vehicle 31/08/2021 700 700 Wage Expense Wages Payable PAYG Withheld 31/08/2021 7,350 6,027 1,323 31/08/2021 Unearned Revenue 28,380 Sales Revenue 25,542 GST Collected 2,838 31/08/2021 Interest Receivable 128 Interest Revenue 128 31/08/2021 Rent Expense 1,820 Prepaid Rent 1,820 Office Supplies Expense Office Supplies 31/08/2021 40 40 Depreciation Expense - Office Furniture Accum. Depreciation - Office Furniture 31/08/2021 480 480 Wage Expense Wages Payable 31/08/2021 8,680 7,812 PAYG Withheld 868 31/08/2021 Insurance Expense 990 Prepaid Insurance 990
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