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Unformatted text preview: Name: SOLUTION Section: Enter the appropriate amount or item in the shaded cells. An asterisk (*) will appear next to an incorrect entry in the outlined cells. 1. IBERIAN CARPET Unadjusted Trial Balance March 31, 2008 Cash 6,400 Accounts Receivable 13,720 Supplies 2,500 Prepaid Insurance 1,230 Equipment 56,000 Notes Payable 33,600 Accounts Payable 8,800 Capital Stock 6,000 Retained Earnings 28,900 Dividends 18,000 Fees Earned 122,700 Wages Expense 70,000 Rent Expense 16,600 Advertising Expense 7,200 Gas, Electricity, and Water Expense 6,900 Miscellaneous Expense 1,450 200,000 200,000...
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