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Asignment
The adjusted trial balance for Burt Co. at December 31 is shown. Burt Company ADJUSTED TRIAL BALANCE December 31, 20--
1
Cash
53,000.00
2
Accounts Receivable
64,300.00
3
Merchandise Inventory
93,250.00
4
Office Supplies
4,000.00
5
Prepaid Insurance
6,500.00
6
Sales Rep. Automobiles
325,000.00
7
Accumulated Depreciation-Sales Rep. Automobiles
162,100.00
8
Office Equipment
149,750.00
9
Accumulated Depreciation-Office Equipment
72,750.00
10
Accounts Payable
97,200.00
11
Salaries Payable
28,700.00
12
Notes Payable (due in two years)
154,000.00
13
Maeve Burt, Capital
81,750.00
14
Maeve Burt, Drawing
52,000.00
15
Sales
365,500.00
16
Rent Revenue
17,500.00
17
Cost of Merchandise Sold
121,700.00
18
Sales Salaries Expense
29,500.00
19
Advertising Expense
3,000.00
20
Office Salaries Expense
34,600.00
21
Rent Expense
11,300.00
22
Depreciation Expense-Office Equipment
6,600.00
23
Insurance Expense
2,400.00
24
Office Supplies Expense
1,600.00
25
Depreciation Expense - Sales Rep. Automobiles
7,400.00
26
Insurance Expense - Sales Rep. Automobiles
27
Interest Expense
12,000.00
28
Totals
979,500.00
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