Question

Exercise 187 The worksheet for Gibler Rental Company appears below. Using the adjustment data below.complete the worksheet Add any accounts that are necessary. Ad istment data: () Prepaid rent expired during August $). b) Depreciation expense on coulment for the month of August, $8. ( Supplies on hand on August 31 mounted to $6. Salaries and wages expense Incurred August 31 but not vet paid amounted to $10. GILBERT RENTAL COMPANY Work Sheet ACCOUNT NAME Cash Trial Balance Debit Credit Adjustments Debit Credit Adjusted Trial Balance De Credit Accounts Receivable Income Statement Debit Credit Balance Sheet Debit Prepaid Hart Credit Equipment de Derection Coment Doron Expense

Answer 1

Gilbert Rental Company Worksheet For the period ending .... Trial Balance Adjustment Adjusted Income Statement Balance sheet Debit in $ Credit in $ Debit in $ Credit in $ Debit in $ Credit in $ Debit in $ Credit in $ Debit in $ Credit in $ w Co Account Name Cash Accounts Receivable Prepaid Rent Supplies Equiment Accum.Depre - Equip. Accounts Payable Owner's Capital Owner's Drawings Rent Revenue Depreciation Expense Rent Expense Salaries and Wages Expense Totals Supplies Expense Salaries and Wages Payable Totals Net Income Totals 73 132 132 10 25 10 25 150 10 150 73 93 93 18 73 73 93 93