The following is the Alpha Dog Company adjusted Trial Balance. Alpha...
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Accounting
The following is the Alpha Dog Company adjusted Trial Balance.
Alpha Dog Company | ||
Adjusted Trial Balance | ||
December 31, 2016 | ||
Account Title | Debit | Credit |
Cash | $42,650 |
|
Accounts Receivable | 165,700 |
|
Supplies Inventory | 30,255 |
|
Prepaid rent | 15,900 |
|
Equipment | 395,285 |
|
Accumulated Depreciation |
| $245,760 |
Accounts Payable |
| 76,055 |
Wages Payable |
| 13,000 |
Capital Stock |
| 200,000 |
Retained Earnings |
| 105,145 |
Service Revenue |
| 716,705 |
Interest Income |
| 1,500 |
Rent Expense | 63,500 |
|
Wages Expense | 439,260 |
|
Supplies Expense | 46,520 |
|
Depreciation Expense | 154,095 |
|
Dividends | 5,000 | _________ |
Totals | $1,358,165 | $1,358,165 |
Prepare only the Asset section of the Classified Balance Sheet for the year end. Be sure to use a good format, dollar signs and single underlines were required. There are a few extra lines in the formatted input answer form to allow for acceptable balance sheet format variations.
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