The trial balance for Amy Enterprise for the year ended 31 December 2019 is as...
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Accounting
The trial balance for Amy Enterprise for the year ended 31 December 2019 is as follows: Amy Enterprise Trial balance as at 31 December 2019 Account Credit (RM) Debit (RM) 4,200 20.000 10.000 24,000 2.400 18,000 Cash Accounts receivable Notes receivable Inventory Prepaid rental Equipment Accumulated depreciation - equipment Accounts payable Capital, Amy Sales Cost of goods sold Wages expenses Miscellaneous expenses Income tax Total 4,000 26.400 33.200 176.000 92.000 40.000 24.000 5.000 239.600 239.600 Action SetValur: 19 m Rene 2 Column Word 110% 02 de Ps 43 Additional information: (a) Accrued interest on notes receivable is RM1,000. (6) Depreciation on the equipment is RM2,000. (c) Accrued wages is RM1,200. (d) Accrued utilities is RM800 (charged to miscellaneous account) (e) Rental which is due is RM1.000. (1) Cash drawings by Amy is RM2,800. (g) Cash of RM400 is received from a customer for a debt which was wrongly credited to the trade payables. Instructions: 1. Prepare adjusting journal entries for transactions (a)-(g). 2. Prepare the adjusted trial balance as at 31 December 2019
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