Business, 26.03.2020 23:28 shelbylynn17
The following adjusted trial balance is the result of the adjustments made at the end of the month of July for Ladonna Douglas Company. Utilize these adjusted values to perform the closing entries for Ladonna Douglas Company. Cash $34,750.00 Accounts Receivable 9,750.00 Office Supplies 2,525.00 Store Supplies 4,785.00 Machinery 10,750.00 Accumulated Depreciation 2,150.00 Accounts Payable 14,300.00 Notes Payable 11,500.00 Ladonna Douglas, Capital 53,725.00 Ladonna Douglas, Drawing 13,250.00 Service Revenue 41,500.00 Wages Expense 37,425.00 Rent Expense 3,000.00 Advertising Expense 2,750.00 Office Supplies Expense 1,465.00 Store Supplies Expense 2,150.00 Depreciation Expense 575.00 $123,175.00 $123,
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