can someone, please, explain where I\'m going wrong with the adjusted trial bala

Question

  
can someone, please, explain where I'm going wrong with the adjusted trial balance? (thank you)

The Jones Company Worksheet For Period Ending December 31, 200x Account Name Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet Debit Credit DebitCredit Debit Credit Debit Credit Debit Credit Cash Accounts Receivable 5600 Prepaid Rent Prepaid Insurance Office Supplies Office Equipment Accum. Depr, Office Equip. Accounts Payable Unearned Service Revenue P. Jones, Capital P. Jones, Withdrawals Service Revenue Wages Expense 2000 Rent Expense Utilities Expense Miscellaneous Expense2 250 192 530

Explanation / Answer

Hi, your working is absolutely correct. However total of credit column you have taken wrong:

It should be:2500+8000+1000+55250+53000=119750, not 117090.

Please find below answer of your question. If this helped, please hit LIKE button.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.