Haupt Consulting | |||||
Adjusted Trial Balance | |||||
31-Dec-10 | |||||
Balance | |||||
Account Tide | Debit | Credit | |||
Cash | 7,700 | ||||
Account receivable | 1,500 | ||||
Supplies | 100 | ||||
Equipment | 2,000 | ||||
Accumulated depreciation-eqiup | 33 | ||||
Furniture | 3,600 | ||||
Accumulated depreciation-furniture | 60 | ||||
Account payable | 3,600 | ||||
Salary payable | 700 | ||||
Unearned service revenue | 600 | ||||
Carl haupt Capital | 10,000 | ||||
Carl Haupt Withdrawal | 1,600 | ||||
Service Revenue | 3,200 | ||||
Rent expense | 500 | ||||
Utlilities expense | 200 | ||||
Salary Expense | 700 | ||||
Depreciation expense-equip | 33 | ||||
Depreciation expense-furniture | 60 | ||||
Supplies expense | 200 | ||||
total | 18,193 | 18,193 | |||
1 completed the accounting work sheet at dec 31 | |||||
2 Journalize and post the closing entries at Dec 31 Denote each closing amount as CLO and an account balance as BAL | |||||
3. Prepare a classified balance sheet at dec 31. | |||||
Complete accounting worksheet at 12/31 | 6 | ||||
Journalize and post closing entries at 12/31 | 6 | ||||
Prepare classified balance sheet | 7 | ||||
Accuracy and timeliness |