In: Accounting
The trial balance of Pacilio Security Services, Inc. as of
January 1, Year 9, had the following normal balances:
Cash | $ | 93,380 | |
Petty cash | 100 | ||
Accounts receivable | 21,390 | ||
Allowance for doubtful accounts | 2,485 | ||
Supplies | 180 | ||
Prepaid rent | 3,000 | ||
Merchandise inventory (23 @ $280) | 6,440 | ||
Equipment | 9,000 | ||
Van | 27,000 | ||
Accumulated depreciation | 14,900 | ||
Salaries payable | 1,500 | ||
Common stock | 50,000 | ||
Retained earnings | 91,605 | ||
During Year 9, Pacilio Security Services experienced the following
transactions:
Adjustments