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    dellsucks2012's Avatar
    dellsucks2012 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 7, 2013, 05:18 PM
    Accounting help urgent
    Louie Long
    Started a business called Louie’s Lawn Service. The trial balance as of March 31, after the first month of operation, is as follows:
    http://i40.tinypic.com/2z5iwpd.png

    1. Analyze the following adjustments and enter them on a work sheet.
    (a) Ending supplies inventory as of March 31, $165.
    (b) Insurance expired (used), $100.
    (c) Depreciation of lawn equipment, $200.
    (d) Wages earned but not paid as of March 31, $180.

    2. Complete the work sheet.
    rehmanvohra's Avatar
    rehmanvohra Posts: 739, Reputation: 27
    Senior Member
     
    #2

    Oct 11, 2013, 05:56 AM
    Your trial balance does not balance. Debits are more than credits by 120,000.
    Please ercheck and resubmit.

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