Seth\'s Tax Services had the following accounts and account balances after adjus
ID: 2333142 • Letter: S
Question
Seth's Tax Services had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances.
Prepare the adjusted trial balance for Seth's Tax Services as of December 31, 2018.
Cash $ ?
Land 26,000
Utilities Payable 150
Accounts Payable 3,700
Accumulated Depreciation—Equipment 1,800
Service Revenue 75,000
Supplies Expense 1,100
Dividends14,000
Equipment $11,000
Accounts Receivable 4,950
Office Supplies 700
Common Stock 22,600
Utilities Expense 1,650
Unearned Revenue 900
Depreciation Expense—Equipment 1,900
Salaries Expense 5,600
Seth's Tax Services
Adjusted Trial Balance
December 31, 2018
Balance
Account Title
Debit
Credit
Total
Cash $ ?
Land 26,000
Utilities Payable 150
Accounts Payable 3,700
Accumulated Depreciation—Equipment 1,800
Service Revenue 75,000
Supplies Expense 1,100
Dividends14,000
Equipment $11,000
Accounts Receivable 4,950
Office Supplies 700
Common Stock 22,600
Utilities Expense 1,650
Unearned Revenue 900
Depreciation Expense—Equipment 1,900
Salaries Expense 5,600
Explanation / Answer
Balance Debit Credit Cash 37250 Accounts Receivable 4950 Office Supplies 700 Equipment 11000 Accumulated Depreciation – Equipment 1800 Land 26000 Accounts Payable 3700 Utilities Payable 150 Unearned Revenue 900 Common Stock 22600 Dividends 14000 Service Revenue 75000 Salaries Expense 5600 Depreciation Expense – Equipment 1900 Supplies Expense 1100 Utilities Expense 1650 Total 104150 104150
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