In: Accounting
Appendix: Adjustment Data on an End-of-Period Spreadsheet Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2019. In addition, the data for year-end adjustments are as follows: Fees earned, but not yet billed, $34. Supplies on hand, $8. Insurance premiums expired, $42. Depreciation expense, $17. Wages accrued, but not paid, $17. Enter the adjustment data, and place the balances in the Adjusted Trial Balance columns. If a box does not require an entry, leave it blank. Alert Security Services Co. End-of-Period Spreadsheet (Work Sheet) For the Year Ended October 31, 2019 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 126 Accounts Receivable 336 Supplies 34 Prepaid Insurance 50 Land 420 Equipment 168 Accum. Depr.-Equipment 17 Accounts Payable 151 Wages Payable 0 Brenda Schultz, Capital 789 Brenda Schultz, Drawing 34 Fees Earned 378 Wages Expense 84 Rent Expense 50 Insurance Expense 0 Utilities Expense 25 Supplies Expense 0 Depreciation Expense 0 Miscellaneous Expense 8 Totals 1,335 1,335
Alert Security Services Co. | ||||||
End-of-Period Spreadsheet (Work Sheet) | ||||||
For the Year Ended October 31, 2019 | ||||||
Unadjusted Trial Balance | Adjustments | Adjusted Trial Balance | ||||
Account Title | Dr. | Cr. | Dr. | Cr. | Dr. | Cr. |
Cash | 126 | 126 | ||||
Accounts Receivable | 336 | 34 | 370 | |||
Supplies | 34 | 26 | 8 | |||
Prepaid Insurance | 50 | 42 | 8 | |||
Land | 420 | 420 | ||||
Equipment | 168 | 168 | ||||
Accum. Depr.-Equipment | 17 | 17 | 34 | |||
Accounts Payable | 151 | 151 | ||||
Wages Payable | 0 | 17 | 17 | |||
Brenda Schultz, Capital | 789 | 789 | ||||
Brenda Schultz, Drawing | 34 | 34 | ||||
Fees Earned | 378 | 34 | 412 | |||
Wages Expense | 84 | 17 | 101 | |||
Rent Expense | 50 | 50 | ||||
Insurance Expense | 0 | 42 | 42 | |||
Utilities Expense | 25 | 25 | ||||
Supplies Expense | 0 | 26 | 26 | |||
Depreciation Expense | 0 | 17 | 17 | |||
Miscellaneous Expense | 8 | 8 | ||||
Totals | 1335 | 1335 | 136 | 136 | 1403 | 1403 |