Please help! I am having trouble with this adjusted Trial Balance. I have attached
What I have done and what is required... Help



Adjusted Trial Balance


Debit Credit


Cash 2600
ADJ 180
ADJ 300
ADJ 430
AR 7600
ADJ 180
ADJ 1020
Supplies 600
Equipment 8300
AP 9766
ADJ 36
Common Stock 1941
Dividends 1500
ADJ 600
Service Rev 15200
ADJ 561
Wages Expense 3800
ADJ 300
Repair Expense 1600


Total

28107 28407

What you need to do is…

For the 6 adjusting entries, you need to make 6 journal entries.

So for number 2, you would:

What was done:
Dr. Cash 530
Cr. AR 530

What should have been done:
Dr. Cash 350
Cr. AR 350

What needs to be done to fix the mistake:
Dr. AR 180
Cr. Cash 180

(530-350) = 180
Now, once you make Journal Entries for all 6 of them, add those changes to the accounts and changes the numbers on the trial balance.

Do not but ADJ on the adjusted trial balance.

Only final new numbers should be there…so there should be 1, new number for cash.

Cash will be 2,600 – 180 and plus or minus any other changes from the other adjusting entries, if any.