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Accounting need assistance with adjusted trial balance, doesn't balance
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1. Office supplies on hand at year end amounted to $ 420 2. The equipment costing $30,000 has an expected life of six years and no salvage value. Mike uses straight-line depreciation. 3. A premium of $ 1500 for a one year insurance policy was paid on November 1. 4. Wages earned by employees but...
Adjusted Trial Balance
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Hello everyone, this question is driving me mad. Although I did solve most of it, its just the accumulated amortization and amortization expense part that's driving me crazy. Here's the relevant data: SCENIC TOURS LIMITED Trial Balance June 30, 2006 Equipment, Debit: 13,440 Accumulated...
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I need help!! First time doing adjustments... I have been working on this exercises for a while and I can't get it to balance. DEBIT Cash $26667 Prepaid Insurance $450 Batteries on Hand $250 Watches $20,000 Dividends $1,200 Utilities Expense $3,200 Salaries Expense $2,400 View more questions Search
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