Reference no: EM132819239

Problem 1: Complete the Adjusted Trial Balance as of December 31, 2016 using the given information. Enter accounts in order of assets, liabilities, owner capital, owner withdrawals, revenues, and expenses. Assume all accounts have normal balances.

Accounts Payable 10,850
Accounts Receivable 7,510
Accumulated Depreciation--Furniture 9,180
Bright, Capital84,350
Bright, Withdrawals 31,730
Cash 52,620
Depreciation Expense--Furniture1 ,670
Furniture 23,380
Interest Expense 8,350
Interest Payable 5,840
Notes Payable 13,360
Office Supplies 10,020
Prepaid Rent 21,710
Rent Expense 5,010
Salaries Expense 4,170
Salaries Payable 6,680
Service Revenue 16,700
Supplies Expense 830
Unearned Revenue 20,040