Which of the items below does not appear on the working trial balance? a. the unadjusted...

Which of the items below does not appear on the working trial balance?

	a.	the unadjusted trial balance
	b.	closing entries
	c.	the dividends account
	d.	adjusting entries

Expert Solution

Working Trial Balance is that unadjusted Trial Balance that is in the process of being adjusted.
Adjustments are made to the unadjusted balances and Adjusted Trial balance is prepared.
Closing entries are done after adjusted trial balance.
Hence, correct answer = Option ‘B’ Closing Entries DOES NOT appear on the working Trial balance.

ekkarill92 answered 2 years ago

The unadjusted trial balance for Grouper Corp. is shown below. GROUPER CORP. Trial Balance October 31,...

The unadjusted trial balance for Grouper Corp. is shown below. GROUPER CORP. Trial Balance October 31, 2017 Debit Credit Cash $15,430 Supplies 3,370 Prepaid Insurance 720 Equipment 4,600 Notes Payable $4,600 Accounts Payable 2,220 Unearned Service Revenue 1,470 Common Stock 10,310 Retained Earnings 0 Dividends 700 Service Revenue 13,620 Salaries and Wages Expense 4,000 Rent Expense 3,400 $32,220 $32,220 Assume the following adjustment data. 1. Supplies on hand at October 31 total $600. 2. Expired insurance for the month is...

The unadjusted trial balance for Riverbed Corp. is shown below. RIVERBED CORP. Trial Balance October 31,...

The unadjusted trial balance for Riverbed Corp. is shown below. RIVERBED CORP. Trial Balance October 31, 2017 Debit Credit Cash $15,350 Supplies 2,990 Prepaid Insurance 750 Equipment 5,000 Notes Payable $5,000 Accounts Payable 2,870 Unearned Service Revenue 2,190 Common Stock 11,750 Retained Earnings 0 Dividends 560 Service Revenue 13,070 Salaries and Wages Expense 4,000 Rent Expense 6,230 $34,880 $34,880 Assume the following adjustment data. 1. Supplies on hand at October 31 total $710. 2. Expired insurance for the month is...

Below is the unadjusted trial balance for Walton Anvils as of December 31, 2016, and the...

Below is the unadjusted trial balance for Walton Anvils as of December 31, 2016, and the data for the adjustments. There is also an Excel Template for this problem that you may download and use (or you may use your own). Walton Anvils Unadjusted Trial Balance December 31, 2016 Balance Account Title Debt Credit Cash $ 16,900.00 Accounts Receivable 17,500 Prepaid Rent 2,500 Office Supplies 1,900 Equipment 23,000 Accumulated Depreciation - Equipment $ 7,000.00 Accounts Payable...

The unadjusted trial balance for PT&M, Inc. is below. On December 31, 20xx the balance of...

The unadjusted trial balance for PT&M, Inc. is below. On December 31, 20xx the balance of inventory is $30,000 not counting any estimated returned inventory. The company uses GAAP for financial reporting. Additional information is on the next page. The cost principle requires that all costs reasonable and necessary to put an asset into a working condition should be capitalized. The accrual method requires that revenues be recorded when earned and expenses when incurred. The conservative convention means that accountants...

4. Prepare an unadjusted trial balance as of July 31, 2019. PS Music UNADJUSTED TRIAL BALANCE...

4. Prepare an unadjusted trial balance as of July 31, 2019. PS Music UNADJUSTED TRIAL BALANCE July 31, 2019 ACCOUNT TITLE DEBIT CREDIT 1 Cash 2 Accounts Receivable 3 Supplies 4 Prepaid Insurance 5 Office Equipment 6 Accounts Payable 7 Unearned Revenue 8 Peyton Smith, Capital 9 Peyton Smith, Drawing 10 Fees Earned 11 Wages Expense 12 Office Rent Expense 13 Equipment Rent Expense 14 Utilities Expense 15 Music Expense 16 Advertising Expense 17 Supplies Expense 18 Miscellaneous Expense 19...

Below is the September 30, 2018 unadjusted trial balance of Car Washing, Inc. Unadjusted TB Adjustments...

Below is the September 30, 2018 unadjusted trial balance of Car Washing, Inc. Unadjusted TB Adjustments Adjusted Trial Balance Adjusted TB DR CR DR DR CR CR DR CR Cash $1,600 Accounts receivable 750 Supplies 400 Prepaid insurance 1,600 Prepaid rent 800 Equipment 20,000 A.D. – Equipment $2,000 Accounts payable 900 Wages payable Interest payable Unearned washing revenue 600 Note payable 4,000 Common shares 1,000 Retained earnings 2,550 Dividends 1,000 Car Washing revenue 38,000 Wages expense 12,000 Interest expense Depreciation...

Below is the unadjusted trial balance for Gray Electronic Repair Services; Gray Electronic Repair Services Unadjusted...

Below is the unadjusted trial balance for Gray Electronic Repair Services; Gray Electronic Repair Services Unadjusted Trial Balance December 31, 2019 Account Title Debit Credit Cash $ 7,480.00 Accounts Receivable 3,400.00 Service Supplies 1,500.00 Furniture and Fixtures 3,000.00 Service Equipment 16,000.00 Accounts Payable $ 9,000.00 Loans Payable 12,000.00 Mr. Gray, Capital 13,200.00 Mr. Gray, Drawing 7,000.00 Service Revenue 9,550.00 Rent Expense 1,500.00 Salaries Expense 3,500.00 Taxes and Licenses 370.00 Totals $ 43,750.00 $ 43,750.00 Assumes the following adjustments data have...

Of the following accounts, which might appear in the adjusted trial balance, but not in the...

Of the following accounts, which might appear in the adjusted trial balance, but not in the post-closing trial balance? A. Income Summary B. Owners capital C. Accounts payable D. Depreciation expense

ollowing is the Unadjusted Trial Balance of Dawes Delivery - a proprietorship. This trial balance was...

ollowing is the Unadjusted Trial Balance of Dawes Delivery - a proprietorship. This trial balance was prepared at the close of business on December 31, 2019, the company's year-end: Dawes Delivery Unadjusted Trial Balance December 31, 2019 Account Debits Credits Cash 9,590 Prepaid Insurance 1,500 Office Supplies 250 Office Equipment 5,000 Accumulated Depreciation - Office Equipment 2,000 Building 50,000 Accumulated Depreciation - Building 10,000 Vehicle-Truck 30,000 Accumulated Depreciation - Truck 6,000 Accounts Payable 2,105 Unearned Revenue 2,400 D. Dawes, Capital...

Toronado Ltd. reported the following items in its unadjusted trial balance as of 31 December 20X4...

Toronado Ltd. reported the following items in its unadjusted trial balance as of 31 December 20X4 for the 20X4 fiscal year. This trial balance is listed in alphabetical order. Note that this is a partial trial balance and does not include all accounts. Accounts have normal (debit or credit) balances. Administration expense $ 235,900 Accounts payable 77,000 Accounts receivable 100,000 Allowance for doubtful accounts (credit) 2,200 Cash dividends declared 31,200 Freight-out (delivery to customers) 27,100...

Question