The following unadjusted account balances and adjustment data are for Nugent Consulting as of December 31, 2014:
Cash $12,900
Prepaid insurance 2,000
Office supplies 1,300
Office equipment 10,500
Accumulated amort.-office equipment 3,500
Accounts payable 2,900
Salary payable 0
Unearned service revenue 4,500
Neela Nugent, Capital 11,750
Neela Nugent, Withdrawals 5,600
Service revenue 13,350
Salary expense 3,700
Amort. expense-office equipment 0
Supplies expense 0
Insurance expense 0
Adjustment data:
Office supplies on hand December 31, 2014, $250
Prepaid insurance expired during 2014, $325
Unearned service revenue, December 31, 2014, $2,500
Amortization on equipment for 2014, $1,800
Accrued salaries, $900
Fill in the trial balance, adjustments, and adjusted trial balance columns in the following table.
Nugent Consulting
Preparation of Adjusted Trial Balance
December 31, 2014
Account Trial Balance Adjustments Adjusted Trial Balance
Debit Credit Debit Credit Debit Credit
Cash
Prepaid Insurance
Office Supplies
Office Equipment
Accumulated Amort-Office Equipment
Accounts Payable
Salary Payable
Unearned Service Revenue
Neela Nugent, Capital
Neela Nugent, Withdrawals
Service Revenue
Salary Expense
Amortization Expense-Office Equipment
Supplies Expense
Insurance
Expense
Total
Quick Reply
