Question

Data Table Advisers at December 31, 2018 bint of retained earnings, and the classified balance sheet in accoun 2018 worksheet. Complete the works Income Statement and Balance with the adjustment letter references-(a), (b), (c) etc.-into the bedDepr = depreciation. Ex expense, It = long term, Paypal 1 More info Fawn Investment Advisers Unadjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash 32,000 Accounts Receivable 45,000 Office Supplies 6,000 Equipment 26.000 Accumulated Depreciation Equipment 19,000 Accounts Payable 20,000 Salaries Payable Uneared Revenue 2,500 Notes Payable (long-term) 22.000 Common Stock 16,000 Retained Earnings 18,000 Dividends 27,000 Service Revenue 97,000 Insurance Expense 3.000 Salaries Expense 41.000 Supplies Expense Interest Expense 7.500 Rent Expense Depreciation Expense Eouioment a. Unearned Revenue earned during the year. $900 b. Office Supplies on hand $5,000 c. Depreciation for the year, $5,500 d. Accrued Salaries Expense, $2,000 e. Accrued Service Revenue, $3,000 Print Done heck Answer Print Done

Answer 1

Answer:

Fawn Investment Advisers
Work sheet
December 31,2018
	Unadjusted Trial Balance		Adjustments
	Debit	Credit		Debit	Credit
Cash	$32,000
Accounts receivable	$45,000		e	$3,000
Office Supplies	$6,000				b	$1,000
Equipment	$26,000
Accumulated depreciation-Equipment		$19,000			c	$5,500
Accounts payable		$20,000
Salaries payayble					d	$2,000
Unearned revenue		$2,500	a	$900
Notes payable (long-term)		$22,000
Common stock		$16,000
Retained earnings		$18,000
Dividends	$27,000
Service revenue		$97,000			a	$900
					e	$3,000
Insurance expense	$3,000
Salaries expense	$41,000		d	$2,000
Supplies expense			b	$1,000
Interest expense	$7,500
Rent expense	$7,000
Depreciation expense-Equipment			c	$5,500
Total	$194,500	$194,500		$12,400		$12,400