Ex. 192
(Cont.)
Instructions (a) Prepare the adjusting entries. (b) Assuming the adjusted trial balance amount for each account is normal, indicate the financial statement column to which each balance should be extended. Ex. 193 Selected worksheet data for Patinkin Company are presented below. Account Titles Accounts Receivable Prepaid Insurance Supplies Accumulated Depreciation Salaries and Wages Payable Service Revenue Insurance Expense Depreciation Expense Supplies Expense Salaries and Wages Expense
Trial Balance Dr. Cr. ? 24,000 7,000 12,000 ? 85,000
?
Adjusted Trial Balance Dr. Cr. 31,000 18,000 ? ? 7,600 100,000 ? 9,000 5,200 49,000