Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance.
|
COOKIE CREATIONS Adjusted Trial Balance December 31, 2013 |
|||
|
Cash Accounts Receivable Supplies Prepaid Insurance Equipment |
Debit |
Credit |
|
|
$1,180 875 350 1,210 1,200 |
|||
|
Accumulated Depreciation—Equipment |
$ 40 |
||
|
Accounts Payable |
|||
|
75 |
|||
|
Salaries and Wages Payable |
56 |
||
|
Interest Payable |
15 |
||
|
Unearned Service Revenue |
300 |
||
|
Notes Payable |
2,000 |
||
|
Owner”s Capital |
800 |
||
|
Owner”s Drawings |
500 |
||
|
Service Revenue |
4,515 |
||
|
Salaries and Wages Expense |
1,006 |
||
|
Utilities Expense |
125 |
||
|
Advertising Expense |
165 |
||
|
Supplies Expense |
1,025 |
||
|
Depreciation Expense |
40 |
||
|
Insurance Expense |
110 |
||
|
Interest Expense |
15 |
||
|
$7,801 |
$7,801 |
||