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1. Determine adjusting entries and prepare an adjusted trial balance. Reporting adjusted account balances - Excel pe - B X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In % Calibri 11 % A À A Paste BTU - Cells Alignment Number Conditional Format as Cell Formatting - Table - Styles - Styles Gipboard Font A1 X On December 31, 2016, Maple Moving Company had the following balances A F B С D E 1 On December 31, 2016, Maple Moving Company had the following balances before year-end adjustments: 2 3 Cash 62,500 4 Accounts Receivable 51,000 5 Supplies 67,600 6 Trucks 176,000 7 Accumulated Depreciation 17,600 8 Accounts Payable 37,500 9 Interest Payable 10 Wages Payable 11 Unearned Revenue 6,600 12 Notes Payable 100,000 13 Common Stock 66,000 14 Retained Earnings 23,400 15 Service Revenue 167,000 16 Wages Expense 61,000 17 Supplies Expense 18 Depreciation Expense

Answer 1

In the books of Maple Moving Company Adjusting Journal entries Credit Debit 10,800.00 Date Particluars Interest expense Interest payable (Being interest expense payable accrued) 10,800.00 52,600.00 Supplies expense Supplies (Being supplies used expensed) 52,600.00 35,200.00 Depreciation expense Acummulated depreciation (Being depreciation on truck accounted) 35,200.00 3,500.00 Wages expense Wages payable (Being wages payable accrued) 3,500.00 2,000.00 Unearned Revenue Service revenue (Being unearned revenue earned) 2,000.00

In the books of Maple Moving Company
Adjusting Journal entries
Date	Particluars	Debit	Credit
	Interest expense	10,800.00
	Interest payable		10,800.00
	(Being interest expense payable accrued)
	Supplies expense	52,600.00
	Supplies		52,600.00
	(Being supplies used expensed)
	Depreciation expense	35,200.00
	Acummulated depreciation		35,200.00
	(Being depreciation on truck accounted)
	Wages expense	3,500.00
	Wages payable		3,500.00
	(Being wages payable accrued)
	Unearned Revenue	2,000.00
	Service revenue		2,000.00
	(Being unearned revenue earned)

Adjusted Trial Balance at December 31, 2016 Account Name Debit Credit 62,500.00 51,000.00 15,000.00 176,000.00 Cash Accounts Recivable Supplies Trucks Accumulated deprectiaon Accounts payable Interest payable Wages Payable Unearned revenue Notes payable Common stock Retained earnings Service revenue Wages expense Supplies expense Dpereciation expense Interest expense 52,800.00 37,500.00 10,800.00 3,500.00 4,600.00 100,000.00 66,000.00 23,400.00 169,000.00 64,500.00 52,600.00 35,200.00 10,800.00 Total 467,600.00 467,600.00

Adjusted Trial Balance
at December 31, 2016
Account Name	Debit	Credit
Cash	62,500.00
Accounts Recivable	51,000.00
Supplies	15,000.00
Trucks	176,000.00
Accumulated deprectiaon		52,800.00
Accounts payable		37,500.00
Interest payable		10,800.00
Wages Payable		3,500.00
Unearned revenue		4,600.00
Notes payable		100,000.00
Common stock		66,000.00
Retained earnings		23,400.00
Service revenue		169,000.00
Wages expense	64,500.00
Supplies expense	52,600.00
Dpereciation expense	35,200.00
Interest expense	10,800.00
Total	467,600.00	467,600.00