Journalize the adjusting entries and label them as accruals or deferrals, adding accounts as needed.
|
a. Unexpired insurance at December 31
|
$1,500
|
|
b. Supplies on hand at December 31
|
$400
|
|
c. Depreciation of building for the year
|
$1,750
|
|
d. Depreciation of equipment for the year
|
$5,800
|
|
e. Revenue unearned at December 31
|
$2,000
|
|
f. Accrued salaries and wages at December 31
|
$2,300
|
|
g. Fees earned but unbilled on December 31
|
$4,850
|
|
Forever Green Lawn Care, Inc. Trial Balance December 31, 20--
|
|
Cash
|
8,700
|
|
|
Accounts Receivable
|
20,600
|
|
|
Prepaid Insurance
|
4,400
|
|
|
Supplies
|
1,950
|
|
|
Land
|
45,000
|
|
|
Building
|
134,500
|
|
|
Accumulated
Depreciation-Bldg
|
|
86,700
|
|
Equipment
|
80,100
|
|
|
Accumulated
Depreciation-Equip.
|
|
61,300
|
|
Accounts Payable
|
|
7,500
|
|
Unearned Revenue
|
|
6,000
|
|
Capital Stock
|
|
15,300
|
|
Retained Earnings
|
|
54,000
|
|
Dividends
|
8,000
|
|
|
Fees Earned
|
|
199,400
|
|
Salaries and Wages
Expense
|
70,200
|
|
|
Utilities Expense
|
23,200
|
|
|
Advertising Expense
|
18,000
|
|
|
Repairs Expense
|
11,500
|
|
|
Miscellaneous Expense
|
4,050
|
|
|
Totals
|
430,200
|
430,200
|