The Unadjusted Trial Balance columns of a work sheet total $97,500. The Adjustments columns contain entries for the following: Office supplies used during the period, $5,700. Expiration of prepaid rent, $2,050. Accrued salaries expense, $1,850. Depreciation expense, $2,150. Accrued consulting revenue, $1,750. The Adjusted Trial Balance columns total is:   Multiple Choice   $84,000.   $97,500.   $103,250.   $105,250.   $111,000.

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter8: Depreciation, Cost Recovery, Amortization, And Depletion
Section: Chapter Questions
Problem 30CE
icon
Related questions
Question

 

The Unadjusted Trial Balance columns of a work sheet total $97,500. The Adjustments columns contain entries for the following:

  1. Office supplies used during the period, $5,700.
  2. Expiration of prepaid rent, $2,050.
  3. Accrued salaries expense, $1,850.
  4. Depreciation expense, $2,150.
  5. Accrued consulting revenue, $1,750.


The Adjusted Trial Balance columns total is:

 

Multiple Choice
  •  

    $84,000.

  •  

    $97,500.

  •  

    $103,250.

  •  

    $105,250.

  •  

    $111,000.

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
SWFT Comprehensive Volume 2019
SWFT Comprehensive Volume 2019
Accounting
ISBN:
9780357233306
Author:
Maloney
Publisher:
Cengage
SWFT Comprehensive Vol 2020
SWFT Comprehensive Vol 2020
Accounting
ISBN:
9780357391723
Author:
Maloney
Publisher:
Cengage
SWFT Essntl Tax Individ/Bus Entities 2020
SWFT Essntl Tax Individ/Bus Entities 2020
Accounting
ISBN:
9780357391266
Author:
Nellen
Publisher:
Cengage