Scribd
Upload
57 views

Adjusting Entries Activity

This document shows a trial balance for an accounting period with debit and credit columns. It includes account titles like cash, accounts receivable, supplies, and various expenses. The trial balance also shows adjustment columns that debit and credit various expense and revenue accounts for prepaid, accrued, and deferred items. An adjusted trial balance is presented incorporating the adjustments.

Uploaded by

Rov Cayetano
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
57 views

Adjusting Entries Activity

This document shows a trial balance for an accounting period with debit and credit columns. It includes account titles like cash, accounts receivable, supplies, and various expenses. The trial balance also shows adjustment columns that debit and credit various expense and revenue accounts for prepaid, accrued, and deferred items. An adjusted trial balance is presented incorporating the adjustments.

Uploaded by

Rov Cayetano
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Account Title Trial Balance Adjustment

Debit Credit Debit Credit


Cash ₱ 78,400.00
Accounts Receivable ₱ 8,900.00
Office Supplies ₱ 2,500.00 ₱ 900.00
Prepaid Advertising ₱ 2,400.00
Prepaid Insurance ₱ 6,000.00 ₱ 500.00
Furniture and Equipment ₱ 75,000.00
Accumulated Depreciation ₱ 625.00
Interest Payable ₱ 900.00
Accounts Payable ₱ 30,000.00
Rent Payable ₱ 4,000.00
Loan Payable ₱ 60,000.00
Unearned Legal Fees ₱ 5,000.00
Nestor Capital ₱ 60,000.00
Nestor Drawings ₱ 12,000.00
Legal fees earned ₱ 44,400.00 ₱ 5,000.00
Depreciation Expense ₱ 625.00
Supplies Expense ₱ 900.00
Insurance Expense ₱ 500.00
Rent Expense ₱ 4,000.00
Interest Expense ₱ 900.00
Salaries expense ₱ 5,500.00
Advertising expense ₱ 3,600.00 ₱ 2,400.00
Utilities Expense ₱ 1,500.00
Miscellaneous Expense ₱ 1,000.00
₱ 194,400.00 ₱ 194,400.00 ₱ 14,325.00 ₱ 14,325.00
Adjusted Trial Balance
Debit Credit
₱ 78,400.00
₱ 8,900.00
₱ 1,600.00
₱ 2,400.00
₱ 5,500.00
₱ 75,000.00
₱ 625.00
₱ 900.00
₱ - ₱ 30,000.00
₱ 4,000.00
₱ - ₱ 60,000.00
₱ 5,000.00
₱ - ₱ 60,000.00
₱ 12,000.00 ₱ -
₱ 39,400.00
₱ 625.00
₱ 900.00
₱ 500.00
₱ 4,000.00
₱ 900.00
₱ 5,500.00
₱ 1,200.00
₱ 1,500.00
₱ 1,000.00
₱ 199,925.00 ₱ 199,925.00

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy