Question

Paige Consultants, Inc., provides marketing research for clients in the retail industry. The company had the following unadjusted balances at the end of the current year. Depreciation Expense Accumulated Depreciation Salaries Payable 10,000 22.100 31,650 Cash Supplies Expenses Supplies 163,000 25,050 14,200 Salaries Expense Prepaid Expenses Interest Expense 1,810,000 12,200 19.2001 Accounts Receivable Consulting Fees Revenue Retained Earnings 235,400 2.664 200 Income Taxes Payable Travel Expense Buildings and Equipment 3.430 27,990 643,040 Gain on Sale of Land Utilities Expense 31,230 Unearned Consulting Fees 38,500 8,000 Investment Income Accounts Payable Land 76,000 12.800 106,830 Common Stock Additional Paid-in Capital 240,000 Professional Development Expense 22,600 3,770 Notes Payable Rent Expense (on leased computers) 168,080 Investments 345,000 180,000 Required: Prepare, in financial statement order, an unadjusted trial balance for Paige Consultants, Inc., at the end of the current year. PAIGE CONSULTANTS, INC. Unadiusted Trial Balance

Answer 1

PAIGE CONSULTANTS. INC Unadjusted Trial balance Debit Credit 163000 14200 12200 235400 643040 22100 76000 345000 Cash Supplies Prepaid Expenses Account Receivable Building andequipments Accumulated depreciation Land Investment Note payble Account payble Salaries payble Income tax payble Unearned Consulting fees Common stock Additional Paid in Capital Retained earnings Consulting Fees revenue Investment income Gain on sale of land Supplies expense Rent expense 180000 106830 31650 3430 38500 3770 240000 291710 2664200 12800 8000 25050 168080

Salaries expenses Travel expenese Professional development Expense Utility expense Interest expenses Depreciation expenses 1810000 27990 22600 31230 19200 10,000 3602990 3602990 Total NOTE - PLEASE UPVOTE IT SHALL BE A GREAT FAVOR THANKS