Post adjusted trial balance. This is what I have so far but I can\'t get it to b
ID: 2420453 • Letter: P
Question
Post adjusted trial balance.
This is what I have so far but I can't get it to balance...
ACCOUNT TITLE DEBIT CREDIT Cash $38,264 Accounts Receivable $12,618 Cleaning Supplies $2,545 Prepaid Insurance $2,220 Prepaid Rent $3,300 Office Equipment $8,000 Accum. Dep - Office Equip $0 Computer Equipment $20,000 Accum. Dep - Computer Equip $0 Accounts Payable $0 Wages Payable $0 Unearned Services Revenue $0 Common Stock $44,850 Retained Earnings $22,300 Services Revenue $25,659 Depreciation Expense - Office Equip $0 Depreciation Expense - Computer Equip $0 Wages Expense $2,625 Insurance Expense $0 Rent Expense $0 Advertising Expense $1,728 Mileage Expense $704 Repairs Expense - Computer $805 TOTALS $92,809 $92,809Explanation / Answer
Post adjusted trial balance of Klean Kars for December 31, 2011 (All amounts in $) Klean Kars Adjusted Trial Balance Original Balance Adjustments Closing Balance Account Title Debit Credit Debit Credit Debit Credit Cash 38264 14075 8095 44244 Accounts Receivable 12618 7000 6950 12668 Cleaning Supplies 2545 1100 3645 Prepaid Insurance 2220 1665 3885 Prepaid Rent 3300 825 4125 Office Equipment 8000 8000 Accum. Dep - Office Equip 0 0 800 800 Computer Equipment 20000 0 20000 Accum. Dep - Computer Equip 0 0 1200 1200 Accounts Payable 0 0 1100 0 1100 Wages Payable 0 0 500 500 Unearned Services Revenue 0 0 8500 0 8500 Common Stock 0 44850 44850 Retained Earnings 0 22300 22300 Services Revenue 0 25659 5625 31284 Depreciation Expense - Office Equip 0 0 800 800 Depreciation Expense - Computer Equip 0 0 1200 1200 Wages Expense 2625 0 1250 3875 Insurance Expense 0 0 555 555 Rent Expense 0 0 2475 2475 Advertising Expense 1728 0 1025 2753 Mileage Expense 704 0 300 1004 Repairs Expense - Computer 805 0 500 1305 Cleaning Supplies Expense 0 TOTALS 92809 92809 32770 32770 110534 110534 Closing Stock of Cleaning Inventory is not disclosed in the Trial Balance and appears as an adjustment directly in the Income Statement/Balance Sheet.