1 The following unadjusted trial balance is for Mitchell Construction Company at its June...

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Accounting

1
The following unadjusted trial balance is for Mitchell Construction Company at its June 30 current fiscal year-end. The credit balance
of the Retained Earnings account was $74,000 on June 30 of the prior year.
Information for adjustments is as follows:
a. Supplies available at the end of the current fiscal year total $3,700.
b. Cost of expired insurance for the current fiscal year is $2,800.
c. Annual depreciation on equipment is $31,800.
d. June utilities expense of $850 is not included in the unadjusted trial balance because the bill arrived after the trial balance was
prepared. The $850 amount owed must be recorded.
e. Employees have earned $5,700 of accrued and unpaid wages at fiscal year-end.
f. Rent expense incurred and not yet paid or recorded at fiscal year-end is $1,400.
g. Additional property taxes of $1,900 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end.
h. $350 accrued interest for June has not yet been paid or recorded.
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