accounting lab 5

accounting lab 5 - Deprecation Expense 7 1,000 1,000 Totals...

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Trial Balance Adjusting Journal Entries Adjusted T Accounting Title Debit Credit Debit Credit Debit Cash 1,500 1,500 Certificate of Deposit 10,000 10,000 Accrued Interest 3 250 250 Accounts Receivable 12,000 12,000 Supplies 1,500 6 800 700 Prepaid Rent 12,000 4 6,000 6,000 Office Equipment 9,000 9,000 Accounts Payable 2,500 5 150 Unearned Revenue 5,000 1 3,000 Interest Revenue 3 250 Common Stock 20,000 Retained Earnings Salaries Payable 2 1,500 Service Revenue 35,000 1 3,000 Salaries Expense 12,000 2 1,500 13,500 Operating Expense 4,500 5 150 4,650 Rent Expense 4 6,000 6,000 Supplies Expense 6 800 800 Accum Depreciation 7 1,000
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Unformatted text preview: Deprecation Expense 7 1,000 1,000 Totals 62,500 62,500 12,700 12,700 65,400 Trial Balance General Journal Entries Credit 1 Unearned Revenue 3,000 Service Revenue 3,000 3 months revenue earned 2 Salaries Expense 1,500 salaries Payable 1,500 Accrued Salaries 3 Accrued Interest 250 2,650 Interest Revenue 250 2,000 6 months of interest on CD 250 250 20,000 4 Rent Expense 4,000 Prepaid Rent 4,000 1,500 6 months of Rent 38,000 5 Operating Expenses 150 Accounts Payable 150 Utility bill 1,000 6 Supplies Expense 800 Supplies 800 Used Supplies 65,400 7 Depreciation Expense 1,000 Accum Depreciation 1,000 Depreciated office equipment...
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accounting lab 5 - Deprecation Expense 7 1,000 1,000 Totals...

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