echnolc D MyUB Home Page Ya UB Student ResponseUBit Software Downl UBLeams grade

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echnolc D MyUB Home Page Ya UB Student ResponseUBit Software Downl UBLeams graded hw problems M4-13 Preparing an Adjusted Trial Balance [LO 4-3] Macro Company has the following adjusted accounts and balances at June 30: Accounts Payable Accounts Receivable Accumulated Amortization Accumulated Depreciation Cash Common Stock Deferred Revenue Depreciation Expense Equipment Income Tax Expense Income Tax Payable Interest Expense Interest Revenue Notes Payable (long-term) Office Expenses Prepaid Rent Rent Expense Retained Earnings Salaries and Wages Expense Sales Revenue Software Supplies $ 30e 55e 150 250 1,020 30e 1e0 110 1,400 110 3e 180 50 1,300 820 40 400 120 660 3,60 200 71e Required: Prepare an adjusted trial balance for Macro Company at June 30. MACRO COMPANY Adjusted Trial Balance Account Titles Debit Credit

Explanation / Answer

Adjusted Trial Balance :-

Particulars Debit($) Credit($) Cash 1020 Accounts Receivable 550 Prepaid Rent 40 Supplies 710 Software 200 Equipment 1400 Accumulated Depreciation-Equipment 250 Accumulated amortization 150 Income Tax Payable 30 Accounts Payable 300 Deferred Revenue 100 Notes Payable (Long Term) 1300 Common Stock 300 Retained Earnings 120 Sales Revenue 3600 Interest Revenue 50 Depreciation Expense 110 Income Tax Expense 110 Interest Expense 180 Office Expense 820 Rent Expense 400 Salaries and Wages Expense 660    Total 6200 6200

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