Score:
Key Code:
An asterisk (*) will appear to the right of an incorrect entry.
For correct grading in the trial balance, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a.
b.
c.
d.
e.
f.
g.
2.
Debit Balances Credit Balances
Cash
Accounts Receivable
Prepaid Insurance
Supplies
Land
Building
Accumulated Depreciation – Building
Equipment
Accumulated Depreciation – Equipment
Accounts Payable
Unearned Rent
Salaries and Wages Payable
Joni Reece, Capital
Joni Reece, Drawing
Fees Earned
Rent Revenue
Salaries and Wages Expense
Utilities Expense
Advertising Expense
Repairs Expense
Depreciation Expense – Building
Depreciation Expense – Equipment
Insurance Expense
Supplies Expense
Miscellaneous Expense
Problem 3-5B
Name:
REECE FINANCIAL SERVICES CO.
Section:
0%
2
Instructions
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
Adjusted Trial Balance
July 31, 2014
Scoring:
For correct grading in the trial balance, enter a zero in cells you would otherwise leave blank.
1. Account Debit Credit
a. Depreciation Expense – Building 6,400
Accumulated Depreciation – Building 6,400
b. Depreciation Expense – Equipment 2,800
Accumulated Depreciation – Equipment 2,800
2.
Debit Balances Credit Balances
Cash 10,200 –
Accounts Receivable 44,950 –
Prepaid Insurance 1,500 –
Supplies 615 –
Problem 3-5B
Name:
Solution
REECE FINANCIAL SERVICES CO.
Section:
ON
Instructions
Answers are entered in the cells with gray backgrounds.
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry.
Adjusted Trial Balance
July 31, 2014