The trial balance of Alpha Advertising Inc at November 30

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The trial balance of Alpha Advertising, Inc. at November 30, 2013, and the data needed for the
month-end adjustments follow:a. Insurance coverage still remaining at November 30, $300.b.
Supplies used during the month, $250.c. Depreciation for the month, $1,200.d. Accrued utilities
expense at November 30, $300. (Use Accounts Payable as the liability account needed.)e.
Accrued salaries at November 30, $450.f. Service revenue still unearned at November 30,
$800.Requirements1. Open T-accounts for the accounts listed in the trial balance and insert
their November 30 unadjusted balances.2. Journalize the adjusting entries and post them to the
T-accounts. Reference the posted amounts by letters (a) through (f). Calculate the adjusted
balance in each account.3. Prepare the adjusted trial balance.4. How will the company use the
adjusted trial balance?View Solution:
The trial balance of Alpha Advertising Inc at November 30

ANSWER
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