This document contains an unadjusted trial balance, adjusting journal entries, adjusted trial balance, income statement, and balance sheet for a business. The adjusting journal entries account for depreciation, prepaid insurance, unearned revenue, accrued salaries, interest payable, and other accrued expenses. The adjusted trial balance rolls forward to the income statement, which shows a net loss of $17,925, and balance sheet, with total assets of $171,800 equal to total liabilities and equity.
This document contains an unadjusted trial balance, adjusting journal entries, adjusted trial balance, income statement, and balance sheet for a business. The adjusting journal entries account for depreciation, prepaid insurance, unearned revenue, accrued salaries, interest payable, and other accrued expenses. The adjusted trial balance rolls forward to the income statement, which shows a net loss of $17,925, and balance sheet, with total assets of $171,800 equal to total liabilities and equity.
This document contains an unadjusted trial balance, adjusting journal entries, adjusted trial balance, income statement, and balance sheet for a business. The adjusting journal entries account for depreciation, prepaid insurance, unearned revenue, accrued salaries, interest payable, and other accrued expenses. The adjusted trial balance rolls forward to the income statement, which shows a net loss of $17,925, and balance sheet, with total assets of $171,800 equal to total liabilities and equity.