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Using the adjusted trial balance, calculate the total assets, liabilities, owner capital, owner withdrawals, revenues, and...

Using the adjusted trial balance, calculate the total assets, liabilities, owner capital, owner withdrawals, revenues, and ex

Unearned Revenue 6,400 Notes Payable 9,000 Bright, Capital 70,900 Bright Withdrawals 32,700 Service Revenue 12,800 Depreciati

Using the adjusted trial balance, calculate the total assets, liabilities, owner capital, owner withdrawals, revenues, and expenses. Enter those amounts in the expanded accounting equation. SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Debit Credit Account Title Cash 19,300 10,600 Accounts Receivable 200 Office Supplies 12,800 Prepaid Rent 22.500 Furniture 7,700 Accumulated Depreciation--Furniture 2.500 Accounts Payable 600 Salaries Payable 300 Interest Payable 6,400 Unearned Revenue 2:02
Unearned Revenue 6,400 Notes Payable 9,000 Bright, Capital 70,900 Bright Withdrawals 32,700 Service Revenue 12,800 Depreciation Expense--Furniture 2,500 Interest Expense 300 Rent Expense 3,800 Salaries Expense 4,500 1.000 Supplies Expense Total 110,200 110,200 Owner, Withdrawals Revenues -- Expenses Liabilities Assets Owner, Capital --- CHECK ANSWER
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Answer #1

Assets $ 57,700 (19300+10600+200+12800+22500-7700) Owner Liabilities + Capital $ 18,800 + $70,900 (2500+600+300+6400+9000) Ow

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