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The Account Balances Appearing on the Trial Balance (Below) Were

Question 104

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The account balances appearing on the trial balance (below) were taken from the general ledger of Speedy Copy Shop at September 30.
Additional information for the month of September which has not yet been recorded in the accounts is as follows:
(a) A physical count of supplies indicates $500 on hand at September 30.
(b) The amount of insurance that expired in the month of September was $400.
(c) Depreciation on equipment for September was $600.
(d) Rent owed on the copy shop for the month of September was $750 but will not Instructions
Using the above information, complete the worksheet on the following page for Speedy Copy Shop for the month of September. The account balances appearing on the trial balance (below) were taken from the general ledger of Speedy Copy Shop at September 30. Additional information for the month of September which has not yet been recorded in the accounts is as follows: (a) A physical count of supplies indicates $500 on hand at September 30. (b) The amount of insurance that expired in the month of September was $400. (c) Depreciation on equipment for September was $600. (d) Rent owed on the copy shop for the month of September was $750 but will not Instructions Using the above information, complete the worksheet on the following page for Speedy Copy Shop for the month of September.

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