Accounting Test Question No 2 On Adjusted Trial Balance

The following is the unadjusted accounts of ABC Co as at 31 December 2006 :       Account               $       Cash            23,500 Account receivables 11,500      Office supplies              4,300      Prepaid insurance              6,000      Office equipment            60,000      Accumulated depreciation-office equipment            18,000 Accounts Payable   5,530 Notes Payable 15,000       Unearned revenue            [...]

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The following is the unadjusted accounts of ABC Co as at 31 December 2006 : Account $ Account receivables 65,450 Office supplies 5,400 Prepaid utilities 10,860       Prepaid insurance          8,400       Office equipment        14,680  Accumulated depreciation-office  equipment          4,400 Unearned revenue        29,850 Capital        77,800 Service revenue        40,680 Salaries expense        18,000 Miscellaneous [...]

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