The unaduated trial balance of Farmer Investment Advlsers at December 31 2018 to
ID: 2338266 • Letter: T
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The unaduated trial balance of Farmer Investment Advlsers at December 31 2018 tolows 1. Prepare a workshoot for Farmer lnvestment 2. Propare the income statement the stateme (Click the icon to viawr the unadjusted triel balance) Adjustment dala at December 31.2018 0cicktheicon to view the adshments ) Requirement 1. Prepare a workshet for Farmer Investment Advisers at December 31,.2018 The unadjusted balances have been entered for you in the trial balance columns of a workshest Complue the worksheet one section aa complete the Adjusted Trial Balance, L Supp upples) time beginning with the Adustmends section Enter the adjustiments along nd Balance Sheet columns Be sure to calculate the total debits and credits in each step. (Abbrevations us Farmer Investment Advisers December 31,2018 Balance Trial Balance Trial Balance Satement Sheet More Info Credit Debit Credit Debit Credit Debit Credit Account Title Debit Creditl Cash Accounts Rec. 47000 27 a Uneamed Revenue earned during the year, $150 Equipment Accum Dapr Accounts Py b. Ofice Supplies on hand. $4.500 c. Depreciation for the year $7.500 d. Accrued Salarles Expanse 2,000 e. Accrued Service Revenue $7 00D 16.000 19 000 Unean, Rey 150 Pint Done 24.000 Common St R Earmings Dividinds Service Re 17000 D 94.000 choose thom any st or enter any number in the input neids and then contnue to the next question O Type here to searchExplanation / Answer
40150-40150=0
110500
Req 1) Worksheet: 31-Dec-18 Unadjusted T/B Adjustments Adjusted Trial Bal. Income Statement Balance Sheet A/c title Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 27000 27000 27000 AR 47000 7000 54000 54000 Off Supplies 7500 3000 4500 4500 Equip 25000 25000 25000 Acc Dep - Eq 16000 7500 23500 23500 AP 19000 19000 19000 Salaries Pay 2000 2000 2000 Unearned Rev 1000 150 850 850 NP (LT) 24000 24000 24000 CS 19000 19000 19000 RE 17000 17000 17000+40150-35000=22150 Dividends 35000 35000 35000-35000=0 Serv Rev 94000 150+7000 101150 101150 Ins exp 2000 2000 2000 Salary exp 34000 2000 36000 36000 supplies exp 3000 3000 3000 Interest exp 4000 4000 4000 Rent exp 8500 8500 8500 Dep exp-eq 7500 7500 7500 Total 190000 190000 19650 19650 206500 206500 101150 61000 Net Profit 4015040150-40150=0
G. total 190000 190000 19650 19650 206500 206500 101150 101150 110500110500
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