Question

Required information Problem 3-4A Interpreting unadjusted and adjusted trial balances, and preparing financial statements LO P1, P2, P3 The following information applies to the questions displayed below.) A six-column table for JKL Company follows. The first two columns contain the unadjusted trial balance for the company as of July 31, 2017. The last two columns contain the adjusted trial balance as of the same date. Unad justed Trial Balance $ 90,400 12,000 17,800 6.640 90,000 $ 24,000 10,100 0 Cash Accounts receivable Office supplies Prepaid insurance Office equipment Aceum. Depreciation office equip. Accounts payable Interest payable Salaries payable Unearned consulting fees Long-term notes payable Common stock Retained earnings Dividends Consulting fees earned Depreciation expense-office equip. Salaries expense Interest expense Insurance expense Rent expense office supplies expense Advertising expense Totala 0 20,000 58,000 30,000 20,000 Adjusted Trial Balance $ 90,400 19,000 10,000 3,760 90,000 $ 28,000 22,000 2.000 13,000 19,000 58,000 30,000 20,000 9,500 168,000 4,000 80,340 3,290 2,880 14,680 2.800 24,350 $360,000 $360,000 9,500 160,000 67.340 1,290 0 14,680 0 12,450 $ 322,100 $322,100

Answer 1

Account Unacticated Total J Balance Adjustamente. Adjusted Teral 90,100 12,000 15,400 Cach. Accounts reverable offee cupplies Prepaid Thomance Hooo top 10,400 19.000 10,000 8760 40,000 ನಿನ 40,000 24,000 A000 29,000 Accumulated deputation 1900 10100 20,000 ROOD ADO Indement payable 18000 18000 4000 IDO 19,000 50,000 55.900 30,000 Boooo Balawe mayable Umeaaned consulting face long deum nota pagable Common stock schined camings Davidlands comietting free samed Coments for comed Cunearned for adjunted) Depreciation expence ала ала R6,000 20,000 50D 1,60,000 14,000 8000 A000 1000 67,840 13,010 80,370 Talaud exposur 1,90 А оор 8240 Reko a 1,6% 1 A180 hasil expense offin cupplen aan Huhting experiet 1800 1800 13.450 11,400 24,350 3,22,100 3,22,100 23,900 34,900 360,000 3,60,000