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Problem
The following is the Alpha Dog Company adjusted Trail Balance.
Alpha Dog CompanyAdjusted Trial BalanceDecember 31, 2016
Account Title
Debit
Credit
Cash
$88,450
Accounts Receivable
168,700
Supplies
30,255
Stock Investment
159,000
Equipment
295,285
Accumulated Depreciation
$235,760
Accounts Payable
73,555
Wages Payable
12,000
Capital Stock
220,000
Retained Earnings
111,145
Service Revenue
902,105
Interest Income
1,500
Rent Expense
63,500
Wages Expense
539,260
Supplies Expense
42,520
Depreciation Expense
164,095
Dividends
5,000
Totals
$1,556,065
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