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Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter accounts in order of assets, liabilities, common stock, dividends, revenues, and expenses. Assume all accounts have normal balances.

Accounts Payable 10,600

Accounts Receivable 6,620

Accumulated Depreciation--Furniture 9,270

Cash 29,150

Common Stock 113,970

Cost of Goods Sold 3,970

Deferred Tax Liability 3,970

Depreciation Expense--Furniture 15,900

Dividends 23,850

Furniture 47,710

Income Tax Expense 23,850

Income Taxes Payable 23,850

Interest Expense 7,950

Interest Payable 2,650

Inventory 21,200

Notes Payable 6,620

Office Supplies 2,650

Prepaid Rent 13,250

Rent Expense 26,500

Salaries Expense 37,100

Salaries Payable 5,300

Service Revenue 76,850

Supplies Expense 5,300

Unearned Revenue 11,920

Solve:

SMART TOUCH LEARNING

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