157 Equipment 15,900 167 Accumulated Depreciation—Equip. $ 5,400
| Kristen Company | |||||||||||||
| Adjusted Trial Balance | |||||||||||||
| July 31, 2014 | |||||||||||||
| No. | Account Titles | Debits | Credits | ||||||||||
| 101 | Cash | $ 9,840 | |||||||||||
| 112 | Accounts Receivable | 8,140 | |||||||||||
| 157 | Equipment | 15,900 | |||||||||||
| 167 | Accumulated Depreciation—Equip. | $ 5,400 | |||||||||||
| 201 | Accounts Payable | 2,220 | |||||||||||
| 208 | Unearned Rent Revenue | 3,800 | |||||||||||
| 311 | Common Stock | 18,000 | |||||||||||
| 320 | Retained Earnings | 20,260 | Instructions | ||||||||||
| 332 | Dividends | 12,000 | a) Prepare the classified balance sheet statement, | ||||||||||
| 404 | Service Revenue | 64,000 | |||||||||||
| 429 | Rent Revenue | 6,500 | |||||||||||
| 711 | Depreciation Expense | 3,700 | |||||||||||
| 720 | Salaries and Wages Expense | 55,700 | |||||||||||
| 732 | Utilities Expense | 14,900 | |||||||||||
| $120,180 | $120,180 | ||||||||||||
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