Question

White Gloves Company has journalized the adjusting entries for the period ending December 31, 2018, and posted the adjustments to the following T-accounts (Click the icon to view the T-accounts) Using this data, prepare an adjusted trial balance White Gloves Company Adjusted Trial Balance December 31, 2018 Balance Debit Credit Account Title Cash Office Supplies Prepaid Insurance Equipment Accumulated Depreciation--Equipment Accounts Payable Salaries Payable Unearned Revenue Mary Cantal

Answer 1

White Gloves Company Adjusted Trial Balance December 31, 2018 Cash $ 1,200 Office Supplies $ 700 Prepaid Insurance $ 210 Equipment $ 27,000 Accumulated Depreciation - Equipment $ Accounts Payable $ Salaries Payable $ Unearned Revenue $ Macy, Capital $ Macy, Withdrawals $ 5,000 Service Revenue $ Salaries Expense $ 8,330 Supplies Expense $ 1,300 Depreciation Expense - Equipment $ 460 Insurance expense $ 590 Total $ 44,790$ 5,460 2,800 330 240 18,600 17,360 44,790