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Prepare an adjusted trial balance for pi detectives

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Reference no: EM13876627

The adjusted trial balance for PI Detectives reported the following account balances:

Accounts Receivable $ 500;

Supplies $ 9,000;

Prepaid Insurance $ 7,200;

Equipment $ 28,000;

Accumulated Depreciation Equipment $ 4,000;

Accounts Payable $ 200;

Unearned Revenue $ 5,000;

Notes Payable $ 3,000;

Common Stock $ 22,000;

Retained Earnings $ 5,700;

Dividends $ 3,000;

Service Revenue $ 33,800;

Salaries and Wages Expense $ 20,000; and

Depreciation Expense $ 1,000.

Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance.

Reference no: EM13876627

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