Deborah Consultants had the following balances before passing adjusting entries in the books on December 31, 2015. Prepare the adjusted trial balance after considering these adjustments:
a. Office Supplies used, $800. Assume the office supplies were initially recorded as an asset.
b. Accrued salaries on December 31, $600.
c. Revenue accrued but not recorded, $200.

Question

Deborah Consultants had the following balances before passing adjusting entries in the books on December 31, 2015.  Prepare the adjusted trial balance after considering these adjustments:
a. Office Supplies used, $800. Assume the office supplies were initially recorded as an asset.
b. Accrued salaries on December 31, $600.
c. Revenue accrued but not recorded, $200.

Quizplus · Accepted Answer

The Answer of Deborah Consultants had the following balances before passing adjusting entries in the books on December 31, 2015.  Prepare the adjusted trial balance after considering these adjustments:
a. Office Supplies used, $800. Assume the office supplies were initially recorded as an asset.
b. Accrued salaries on December 31, $600.
c. Revenue accrued but not recorded, $200.

Deborah Consultants Had the Following Balances Before Passing Adjusting Entries