steve s tax services had the following accounts and account balances after adjusting 4374446

Steve’s Tax Services had the following accounts and account balances after adjusting entries. Assume all accounts have normal balances. Cash ……………… $ ? Land ……………. 24,000 Utilities Payable ……….. 550 Accounts Payable ……….. 3,800 Accumulated Depreciation—Equipment .. 1,500 Service Revenue ……….. 90,000 Supplies Expense ……….. 700 Dividends …………… 28,000 Equipment …………… $ 25,000 Accounts Receivable ……….. 4,250 Office Supplies ……….. 900 Common Stock ……….. 18,600 Utilities Expense ……….. 1,550 Unearned Revenue ……….. 600 Depreciation Expense—Equipment ….. 1,800 Salaries Expense ……….. 5,200 Prepare the adjusted trial balance for Steve’s Tax Services as of December 31, 2016. View Solution:
Steve s Tax Services had the following accounts and account balances

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