E4-16 Prepare adjusting entries from analysis of trial balance
The trial balance shown below are before and after adjustment for Bere Company at the end of its fiscal year.
BERE OMPANY
Trial Balance
August 31, 2014 Cash
Accounts Receivable
Supplies
Prepaid Insurance
Equipment
Accumulated Depreciation – Equipment
Accounts Payable
Salaries and Wages Payable
Unearned Rent Revenue
Common Stock
Retained Earnings
Dividends
Service Revenue
Rent Revenue
Salaries and Wages Expense
Supplies Expense
Rent Expense
Insurance Expense
Depreciation Expense Before
Adjustment
Dr.
Cr.
$10,900
8,800
2,500
4,000
16,000
3,600
5,800
0
1,800
10,000
5,500
2,800
34,000
12,100
17,000
0
10,800
0
0
$72,800 $72,800 After
Adjustment
Dr.
Cr.
$10,900
9,400
500
2,500
16,000
4,800
5,800
1,100
800
10,000
5,500
2,800
34,600
13,100
18,100
2,000
10,800
1,500
1,200
$75,700 $75,700 Instructions
Prepare the adjusting entries that were made
NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?" . Aug . 31 Accounts Receivable
Service Revenue Value Aug . 31 Account Value
Account Aug . 31 Account Value Account Aug . 31 Account Value
Account Aug . 31 Account Value
Account Aug . 31 Account Value
Account e end of its fiscal year. in cells with a "?" . Value Value Value Value Value Value