Please help with the adjusted trial balance Thanks Comprehen

Please help with the adjusted trial balance, Thanks!

Comprehensive Accounting Cycle Review 5-1 (Part Level Submission) On December 1, 2017, Devine Distributing Company had the following account balances Debit Cash Accounts Receivable Inventory Supplies Equipment Credit $7,300 Accumulated Depreciation-Equipment $2,200 4,800 1,000 15,100 25,100 $48,200 5,000 12,400 Accounts Payable Salaries and Wages Payable 1,500 Common Stock 22,000 Retained Earnings $48,200 During December, the company completed the following summary transactions. Dec. 6 8 10 13 15 18 20 23 27 Paid $1,900 for salaries due employees, of which $900 is for December and $1,000 is for November salaries payable Received $1,800 cash from customers in payment of account (no discount allowed). Sold merchandise for cash $6,700. The cost of the merchandise sold was $3,900 Purchased merchandise on account from Hecht Co. $9,400, terms 2/10, n/30 Purchased supplies for cash $1,800 Sold merchandise on account $12,400, terms 3/10, n/30. The cost of the merchandise sold was $8,200 Paid salaries $1,600 Paid Hecht Co. in full, less discount. Received collections in full, less discounts, from customers billed on December 18

Solution

Adjusted trial balance Debit Credit Cash 13316 Accounts receivable 3200 Inventory 9512 Supplies 1700 Equipment 22000 Accumulated depreciation-Equipment 2400 Accounts payable 4800 Salaries and wages payable 600 Income taxes payable 190 Common stock 15100 Retained earnings 25100 Sales revenue 19100 Sales discounts 372 Cost of goods sold 12100 Depreciation expense 200 Salaries and wages expense 3100 Supplies expense 1600 Income tax expense 190 67290 67290