Elaine Real Estate Appraisal Adjusted Trial Balance June 30, 2025 Balance Account Title Debit Credit Cash $ 4,400 Accounts Receivable 5,500 Supplies 2,000 Prepaid Insurance 2,600 Land 13,500 Building 77,000 Accumulated Depreciation-Building $ 26,500 Accounts Payable 19,600 Interest Payable 8,800 Salaries Payable 2,800 Unearned Revenue 2,200 Notes Payable (long-term) 35,000 West, Capital 43,000 West, Withdrawals 27,100 Service Revenue 49,200 Insurance Expense 4,800 Salaries Expense 30,800 Supplies Expense 400 Interest Expense 8,800 Utilities Expense 2,500 7,700 Depreciation Expense-Building $ 187,100 $ 187,100 Total Close West, Withdrawals. Date Jun. 30 Clos. (4) Accounts and Explanation Debit Credit

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
Problem 2RE: Match the following items with correct accounting treatment (A through C):
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Question
Elaine Real Estate Appraisal
Adjusted Trial Balance
June 30, 2025
Balance
Account Title
Debit
Credit
Cash
$
4,400
Accounts Receivable
5,500
Supplies
2,000
Prepaid Insurance
2,600
Land
13,500
Building
77,000
Accumulated Depreciation-Building
$
26,500
Accounts Payable
19,600
Interest Payable
8,800
Salaries Payable
2,800
Unearned Revenue
2,200
Notes Payable (long-term)
35,000
West, Capital
43,000
West, Withdrawals
27,100
Service Revenue
49,200
Insurance Expense
4,800
Salaries Expense
30,800
Supplies Expense
400
Interest Expense
8,800
Utilities Expense
2,500
7,700
Depreciation Expense-Building
$
187,100 $
187,100
Total
Transcribed Image Text:Elaine Real Estate Appraisal Adjusted Trial Balance June 30, 2025 Balance Account Title Debit Credit Cash $ 4,400 Accounts Receivable 5,500 Supplies 2,000 Prepaid Insurance 2,600 Land 13,500 Building 77,000 Accumulated Depreciation-Building $ 26,500 Accounts Payable 19,600 Interest Payable 8,800 Salaries Payable 2,800 Unearned Revenue 2,200 Notes Payable (long-term) 35,000 West, Capital 43,000 West, Withdrawals 27,100 Service Revenue 49,200 Insurance Expense 4,800 Salaries Expense 30,800 Supplies Expense 400 Interest Expense 8,800 Utilities Expense 2,500 7,700 Depreciation Expense-Building $ 187,100 $ 187,100 Total
Close West, Withdrawals.
Date
Jun. 30
Clos. (4)
Accounts and Explanation
Debit
Credit
Transcribed Image Text:Close West, Withdrawals. Date Jun. 30 Clos. (4) Accounts and Explanation Debit Credit
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