On December 31, 2016, Maple Moving Compagy had the following balances before year-end adjustments: 2 3 Cash 62,500 51,000 67,600 4 Accounts Receivable 5 Supplies 6 Trucks 7 Accumulated Depreciation 8 Accounts Payable 9 Interest Payable 10 Wages Payable 176,000 17,600 37,500 11 Unearned Revenue 6,600 12 Notes Payable 100,000 66,000 13 Common Stock 14 Retained Earnings 23,400 15 Service Revenue 167,000 16 Wages Expense 17 Supplies Expense 18 Depreciation Expense 19 Interest Expense 61,000 20 21 Required: 22 Use the unadjusted account balances above and the following year-end data to determine adjusted account balanceE and adiurted rial halance

On December 31, 2016, Maple Moving Compagy had the following balances before year-end adjustments: 2 3 Cash 62,500 51,000 67,600 4 Accounts Receivable 5 Supplies 6 Trucks 7 Accumulated Depreciation 8 Accounts Payable 9 Interest Payable 10 Wages Payable 176,000 17,600 37,500 11 Unearned Revenue 6,600 12 Notes Payable 100,000 66,000 13 Common Stock 14 Retained Earnings 23,400 15 Service Revenue 167,000 16 Wages Expense 17 Supplies Expense 18 Depreciation Expense 19 Interest Expense 61,000 20 21 Required: 22 Use the unadjusted account balances above and the following year-end data to determine adjusted account balanceE and adiurted rial halance

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter5: Adjusting Entries And The Work Sheet

Section: Chapter Questions

Problem 8SEA: POSTING ADJUSTING ENTRIES Two adjusting entries are in the following general journal. Post these...

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