Question

Fill in with the info given.

Homework: Chapter 3 part B homework 8 of 8 (0 complete) Score: 0 of 2 pts E3-30 (similar to) HW Score: 0%, 0 of Question Help The worksheet of Morgan's Landscaping Services follows but is incomplete. (Click the icon to view the worksheet.) Read the requirements Requirement 1. Calculate and enter the adjusted account balances in the Adjusted Trial Balance columns. Morgan's Landscaping Services Worksheet December 31, 2018 Adjusted Trial Balance Adjustments Debit Credit Account Names Debit Credit Unadjusted Trial Balance Debit Credit 25,600 5,900 650 2,500 56,000 ch) $ 5,000 Cash Accounts Receivable Office Supplies Prepaid Rent Equipment Accumulated Depreciation Equipment Trucks Accumulated Depreciation--Trucks (b) $ 600 1.250 1,500 66,000 (d) 1,100 Enter any number in the edit fields and then click Check Answer. part remaining Clear All Check Answer

Answer 1

1.

Morgan's Landscaping Services Worksheet December 31, 2018
	Unadjusted Trial Balance		Adjustments		Adjusted Trial Balance
	Debit	Credit	Debit	Credit	Debit	Credit
Cash	$ 25,600		-	-	$ 25,600
Accounts Receivable	5,900		h.$5,000		10,900
Office Supplies	650			b.$600	50
Prepaid Rent	2,500			a.1,250	1,250
Equipment	56,000		-	--	56,000
Accumulated Depreciation: Equipment				c.1,500		1,500
Trucks	66,000		-	-	66,000
Accumulated Depreciation: Trucks				d.1,100		1,100
Accounts Payable		5,000				5,000
Utilities Payable		400				400
Salaries Payable				f.5,000		5,000
Interest Payable				g.450		450
Unearned Revenue		3,000	e.2,800			200
Notes Payable		30,000				30,000
Common Stock		79,250				79,250
Dividends	12,000				12,000
Service Revenue		92,000		e,h. 7,800		99,800
Rent Expense	10,000		a.1,250		11,250
Salaries Expense	24,800		f. 5,000		29,800
Supplies Expense			b. 600		600
Utilities Expense	6,200				6,200
Depreciation Expense: Equipment			c. 1,500		1,500
Depreciation Expense: Trucks			d. 1,100		1,100
Interest Expense			g.450		450
Totals	$209,650	$209,650	$ 17,700	$17,700	$222,700	$222,700

2. a. Prepaid rent expires.

b. Office supplies used up.

c. Depreciation expense on equipment

d. Depreciation expense on trucks.

e. Unearned revenue now earned.

f. Salaries accrued but unpaid.

g. Interest expense accrued, but unpaid.

h. Fees earned, but not recorded.