The adjusted trial balance for Plevin Company PLEVIN COMPANY Adjusted Trial Bala

Question

The adjusted trial balance for Plevin Company PLEVIN COMPANY Adjusted Trial Balance July 31, 2015 No Account Titles Debit Credit 101 Cash 112 Accounts Receivable 157 Equipment 158 Accumulated Depreciation-Equip 201 Accounts Payable 208 Unearned Rent Revenue 311 Common Stock 320 Retained Earnings 332 Dividends 400 Service Revenue 429 Rent Revenue 711 Depreciation Expense 726 Salaries and Wages Expense 732 Utilities Expense $10,306 8,553 15,656 $7,212 4,276 1,741 21,030 26,863 16,211 63,578 6,609 8,579 56,543 15,461 Total $131,309 $131,309

Explanation / Answer

Opening Retained earnings    26863    Closing+Div-Net Income Net income -10396 63578+6609-8579-56543-15461 Dividends paid to shareholders 16211 Cosing Retained earnings 256

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