Question

Selected worksheet data for Mannie Company are presented below. 

Fill in the missing amounts 

Answer 1

	Trial Balance		Adjusted Trial Balance
Account Titles	Debit	Credit	Debit	Credit
Prepaid Insurance	$        26,000		$        18,000
Supplies	$          7,000		$          1,200
Accumulated Depreciation		$        12,000		$           21,600
Salaries and Wages Payable		$                 -		$              8,500
Insurance Expense	$                 -		$          8,000
Depreciation Expense	$                 -		$          9,600
Supplies Expense	$                 -		$          5,800
Salaries and Wages Expense	$        40,500		$        49,000

Account Titles	Debit	Credit
Insurance Expense	$          8,000
Prepaid Insurance		$          8,000
Supplies Expense	$          5,800
Supplies		$          5,800
Depreciation Expense	$          9,600
Accumulated Depreciation		$          9,600
Salaries and Wages Expense	$          8,500
Salaries and Wages Payable		$          8,500

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