On December 31, Maple Moving Company had the following balances before year-end adjustments: Cash Accounts Receivable Supplies Trucks Accumulated Depreciation Accounts Payable Interest Payable Wages Payable Unearned Revenue Notes Payable Maple, Capital Maple, Withdrawals Service Revenue Wages Expense Supplies Expense Depreciation Expense Interest Expense Interest owed but not yet paid: Supplies on hand: $62,500 51,000 67,600 176,000 17,600 37,500 Truck depreciation expense Unpaid wages earned by employees: Unearned revenue that has been earned: 0 0 6,600 100,000 94,400 5,000 167,000 61,000 Required: Use the unadjusted account balances above and the following year-end data to determine adjusted account balances and prepare an adjusted trial balance. Note: If nothing belongs in a cell, leave it blank. 0 0 0 10,800 15,000 35,200 3,500 2,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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On December 31, Maple Moving Company had the following balances before year-end adjustments:
Cash
Accounts Receivable
Supplies
Trucks
Accumulated Depreciation
Accounts Payable
Interest Payable
Wages Payable
Unearned Revenue
Notes Payable
Maple, Capital
Maple, Withdrawals
Service Revenue
Wages Expense
Supplies Expense
Depreciation Expense
Interest Expense
Interest owed but not yet paid:
Supplies on hand:
Truck depreciation expense
Unpaid wages earned by employees:
Unearned revenue that has been earned:
Account Name
Cash
Accounts Receivable
Supplies
Trucks
$62,500
51,000
Accumulated Depreciation
Accounts Payable
Interest Payable
Wages Payable
Unearned Revenue
Notes Payable
Maple, Capital
Maple, Withdrawals
Service Revenue
67,600
176,000
17,600
37,500
Required:
Use the unadjusted account balances above and the following year-end data to
determine adjusted account balances and prepare an adjusted trial balance.
Note: If nothing belongs in a cell, leave it blank.
Wages Expense
Supplies Expense
Depreciation Expense
Interest Expense
Totals
6,600
100,000
94,400
5,000
10,800
15,000
35,200
3,500
2,000
(Use cells A4 to B31 from the given information to complete this question.)
0
0
167,000
61,000
MAPLE MOVING COMPANY
Adjusted Trial Balance
at December 31
0
0
0
Debits
$62,500
51,000
15,000
176,000
64,500
52,600
35,200
10,800
Credits
Formula in cell B56 must include all cells in the debit column
Formula in cell C56 must include all cells in the credit column
$52,800
37,500
10,800
3,500
4,600
100,000
94,400
169,000
Transcribed Image Text:On December 31, Maple Moving Company had the following balances before year-end adjustments: Cash Accounts Receivable Supplies Trucks Accumulated Depreciation Accounts Payable Interest Payable Wages Payable Unearned Revenue Notes Payable Maple, Capital Maple, Withdrawals Service Revenue Wages Expense Supplies Expense Depreciation Expense Interest Expense Interest owed but not yet paid: Supplies on hand: Truck depreciation expense Unpaid wages earned by employees: Unearned revenue that has been earned: Account Name Cash Accounts Receivable Supplies Trucks $62,500 51,000 Accumulated Depreciation Accounts Payable Interest Payable Wages Payable Unearned Revenue Notes Payable Maple, Capital Maple, Withdrawals Service Revenue 67,600 176,000 17,600 37,500 Required: Use the unadjusted account balances above and the following year-end data to determine adjusted account balances and prepare an adjusted trial balance. Note: If nothing belongs in a cell, leave it blank. Wages Expense Supplies Expense Depreciation Expense Interest Expense Totals 6,600 100,000 94,400 5,000 10,800 15,000 35,200 3,500 2,000 (Use cells A4 to B31 from the given information to complete this question.) 0 0 167,000 61,000 MAPLE MOVING COMPANY Adjusted Trial Balance at December 31 0 0 0 Debits $62,500 51,000 15,000 176,000 64,500 52,600 35,200 10,800 Credits Formula in cell B56 must include all cells in the debit column Formula in cell C56 must include all cells in the credit column $52,800 37,500 10,800 3,500 4,600 100,000 94,400 169,000
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