Question

December 31. The unadjusted trial balance as of December 31, 2021, appears below. Credits Debits 31,600 41,000 2,000 61,000 21,000 2,400 6,500 84,000 31,500 32,000 51,000 Account Title Cash Accounts receivable Supplies Inventory Notes receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation Accounts payable Salaries payable Notes payable Interest payable Deferred sales revenue Common stock Retained earnings Dividends Sales revenue Interest revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals 2,500 66,500 31,000 5,000 151,000 75,000 19,400 11,500 1,600 3,500 365,500 365,500

Answer 1

Jounnal Entoies Pepreciation on office equipment ofe -or $ 10,500 $ 10,500 To ice equipment Salasles ale To salaries payable ale $1,400 $ 4510 Interrest expense Doterest payable a/c To $4590 SSl1000 x12y x am NO Joumal enhy requlred $ 2250 Pnsurance exp. alc TO prepaid Ssturonce. Supplies expenset ole $ 1100 To supplles "NO Souenal enhy requetred " Rent expenser alc $ 1200 $ 1200 TO prepaid Rent ale