Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the end-of-period spreadsheet for the year ended October 31, 2016 shown below.
The data for year-end adjustments are as follows:
- Fees earned, but not yet billed, $13.
- Supplies on hand, $4.
- Insurance premiums expired, $10.
- Depreciation expense, $3.
- Wages accrued, but not paid, $1.
Required: In the table below, enter the adjustment data, and place the balances in the Adjusted Trial Balance columns.
Alert Security Services Co.
End-of-Period Spreadsheet
For the Year Ended October 31, 2016
Unadjusted Trial Balance Adjustments Adjusted Trial Balance
Debit Credit Debit Credit Debit Credit
Cash 12
Accounts receivable 90
Supplies 8
Prepaid insurance 12
Land 190
Equipment 50
Accum. Depreciation - Equipment 4
Accounts payable 36
Wages payable 0
Brenda Schultz, Capital 260
Brenda Schultz, Drawing 8
Fees earned 200
Wages expense 110
Rent expense 12
Insurance expense 0
Utilities expense 6
Supplies expense 0
Depreciation expense 0
Miscellaneous expense 2
500 500
Answers: 2
Business, 21.06.2019 20:30
Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money
Answers: 1
Business, 22.06.2019 10:00
You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?
Answers: 2
Business, 23.06.2019 02:00
Which of the statements is true about the values recorded in the balance sheet of a firm?
Answers: 2
Business, 23.06.2019 08:00
Ray gives his son, mason, three bowls. these bowls have the same capacity, but each one differs slightly in its shape and size. ray tells his son that one of the bowls can hold more liters of oil than the other two bowls. mason points out that all the bowls, though may appear different in size and shape, can store the same volume of oil. in this case, ray was most likely testing mason's concept of
Answers: 3
Alert Security Services Co. offers security services to business clients. The trial balance for Aler...
Mathematics, 06.10.2020 14:01
Mathematics, 06.10.2020 14:01
History, 06.10.2020 14:01
Social Studies, 06.10.2020 14:01
Mathematics, 06.10.2020 14:01
Mathematics, 06.10.2020 14:01
Advanced Placement (AP), 06.10.2020 14:01
Chemistry, 06.10.2020 14:01
Mathematics, 06.10.2020 14:01