The partial worksheet of Ruth Furniture is as follows: Ruth Furniture Worksheet
ID: 2558239 • Letter: T
Question
The partial worksheet of Ruth Furniture is as follows:
Ruth Furniture
Worksheet
December 31, 2016
Unadjusted Trial Adjusted Trial
Balance Adjustments Balance
Account Names Debit Credit Debit Credit Debit Credit
Cash $6,500
Accounts Receivable 2,000 $3,000
Office Supplies 1,800 $500
Equipment 15,000
Accumulated
Depreciation—Equipment $8,700 1,200
Common Stock 15,000
Dividends 3,000
Service Revenue 10,600 3,000
Salaries Expense 4,000
Rent Expense 2,000
Depreciation Expense— 1,200
Equipment
Supplies Expense ______ ______ 500 _____
Total $34,300 $34,300 $4,700 $4,700
Calculate and enter the amounts for the Adjusted Trial Balance columns.
Explanation / Answer
Calculate and enter the amounts for the Adjusted Trial Balance columns
Debit Credit Cash 6500 Account receivable 5000 Office supplies 1300 Equipment 15000 Accumlated depreciation-equipment 9900 Common stock 15000 Dividends 3000 Service revenue 13600 Salary expense 4000 Rent expense 2000 Depreciation expense-equipment 1200 Supplies expense 500 Total 38500 38500Related Questions
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