the unadjusted and adjusted trial balances for editorial services co on march 31 201 541656
Adjusting entries from trial balances
The unadjusted and adjusted trial balances for Editorial Services Co. on March 31, 2014,are shown below.
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the unadjusted and adjusted trial balances for editorial services co on march 31 201 541656
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|
Editorial Services Co. Trial Balances March 31, 2014 |
||||
|
Unadjusted |
Adjusted |
|||
|
Debit Balances |
Credit Balances |
Debit Balances |
Credit Balances |
|
|
Cash . . |
8 |
8 |
||
|
Accounts Receivable |
19 |
22 |
||
|
Supplies |
6 |
5 |
||
|
Prepaid Insurance . |
10 |
4 |
||
|
Land . . |
13 |
13 |
||
|
Equipment . |
20 |
20 |
||
|
Accumulated Depreciation— |
4 |
6 |
||
|
Accounts Payable . |
13 |
13 |
||
|
Wages Payable |
0 |
1 |
||
|
Capital Stock . |
15 |
15 |
||
|
Retained Earnings |
31 |
31 |
||
|
Dividends . . |
4 |
4 |
||
|
Fees Earned |
37 |
40 |
||
|
Wages Expense |
12 |
13 |
||
|
Rent Expense . |
4 |
4 |
||
|
Insurance Expense |
0 |
6 |
||
|
Utilities Expense . . |
2 |
2 |
||
|
Depreciation Expense |
0 |
2 |
||
|
Supplies Expense . |
0 |
1 |
||
|
Miscellaneous Expense |
2 |
2 |
||
|
100 |
106 |
106 |
||
Journalize the five entries that adjusted the accounts at March 31, 2014. None of the accounts were affected by more than one adjusting entry.
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