Village Builders Unlimited specializes in building new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Village Builders Unlimited. Accounts Cash Accounts Receivable Supplies Prepaid Insurance Investments (long-term) Accounts Payable Salaries Payable Utilities Payable Notes Payable (due in 5 years) Common Stock Retained Earnings Dividends VILLAGE BUILDERS UNLIMITED Adjusted Trial Balance December 31, 2024 Service Revenue-new construction Service Revenue-remodeling Salaries Expense Supplies Expense Rent Expense Insurance Expense Utilities Expense Interest Expense Service Fee Expense Totals Debits $ 17,900 25,900 32,900 5,100 444,000 24,100 141,000 266,000 69,000 23,100 40,100 8,400 54,000 $ 1,151,500 Credits $ 29,100 26,100 3,100 140,000 219,000 20, 200 469,000 245,000 $ 1,151,500
Village Builders Unlimited speclalizes in bulding new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Village Builders Unlimited. Village Builders Unlimited speclalizes in bulding new homes and remodeling existing homes. Remodeling projects include adding game rooms, changing kitchen cabinets and countertops, and updating bathrooms. Below is the year-end adjusted trial balance of Village Builders Unlimited
