electro repairs amp service an electronics repair store prepared the unadjusted tria 541662
Adjusting entries
Electro Repairs & Service, an electronics repair store, prepared the unadjusted trial balance shown below at the end of its first year of operations.
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electro repairs amp service an electronics repair store prepared the unadjusted tria 541662
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Electro Repairs & Service Unadjusted Trial Balance June 30, 2014 |
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Debit Balances |
Credit Balances |
|
|
Cash . |
13,800 |
|
|
Accounts Receivable . |
90,000 |
|
|
Supplies |
21,600 |
|
|
Equipment . . |
154,800 |
|
|
Accounts Payable . . |
21,000 |
|
|
Unearned Fees |
24,000 |
|
|
Capital Stock |
40,000 |
|
|
Retained Earnings . |
122,000 |
|
|
Dividends |
18,000 |
|
|
Fees Earned . |
393,000 |
|
|
Wages Expense |
126,000 |
|
|
Rent Expense |
96,000 |
|
|
Utilities Expense |
69,000 |
|
|
Miscellaneous Expense |
10,800 |
|
|
600,000 |
600,000 |
|
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