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(Solved): Accenture Company has provided the following unadjusted trial balance at its June 30 current fiscal ...
Accenture Company has provided the following unadjusted trial balance at its June 30 current fiscal year-end. The credit balance of the V. Ace, Capital account was $53,300 on June 30 of the prior year, and the owner invested $23,000 cash during the current fiscal year. Adjustments:
a. Supplies available at the end of the curtent fiscal year total $2,700 : b. Cost of expired insurance for the current fiscal year is $3,780. c. Annual depreciation on equipment is $8,200. d. June utilities expense of $530 is not included in the unadjusted trial balance because the bill arrived after the trial baiance was prepared. The $530 amount owed must be recorded. e. Employees have earned $1,300 of accrued and unpoid wages at fiscalyear-end. 4. Rent expense incurred and not yet paid or recorded at fiscal year-end is $400. 9. Additional property taxes of $500 have been assessed for this fiscal year but have not been paid or recorded at fiscal year-end. h. $230 of accrued interest for June has not yet been paid or recorded. Required: 1. Prepare a 10-column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional information. Complote this question by entering your answers in the tabs below.
Prepare a 10 -column work sheet for the current fiscal year, starting with the unadjusted trial balance and including adjustments using the above additional information