Selected worksheet data for Rosa Company are presented below. Trial Balance Adju
ID: 2533038 • Letter: S
Question
Selected worksheet data for Rosa Company are presented below.
Trial Balance
Adjusted Trial Balance
Account Titles
Debit
Credit
Debit
Credit
?
?
?
?
?
?
Fill in the missing amounts.
Trial Balance
Adjusted Trial Balance
Account Titles
Debit
Credit
Debit
Credit
Trial Balance
Adjusted Trial Balance
Account Titles
Debit
Credit
Debit
Credit
Accounts Receivable?
33,400 Prepaid Insurance 26,000 20,700 Supplies 6,800?
Accumulated Depreciation—Equipment 12,700?
Salaries and Wages Payable?
4,900 Service Revenue 87,300 96,000 Insurance Expense?
Depreciation Expense 9,400 Supplies Expense 4,700 Salaries and Wages Expense?
49,500Explanation / Answer
Solution:
It is assumed that before adjusemen balance of salary and wages payable was nil.
Rosa Company Particulars Trial Balance Adjusted Trial Balance Debit Credit Debit Credit Accounts receivables $24,700.00 $33,400.00 Prepaid Insurance $26,000.00 $20,700.00 Supplies $6,800.00 $2,100.00 Accumulated Depreciation - Equipment $12,700.00 $22,100.00 Salaries and Wages Payable $0.00 $4,900.00 Service Revenue $87,300.00 $96,000.00 Insurance Expense $5,300.00 Depreciation expense $9,400.00 Supplies expense $4,700.00 Salaires and Wage expense $44,600.00 $49,500.00