SLATTER’S INC. Tax Trial Balance 31-déc.-11 Unadjusted Description Book balance Adjustments Balance Sheet DR CR DR Cash $270 700 Inventory $16 000 Equipment $35 000 Land $10 000 Building $70 000 Accumulated depreciation $9 000 Notes payable $78 000 $7 800...
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SLATTER’S INC. Tax Trial Balance 31-déc.-11 Unadjusted Description Book balance Adjustments Balance Sheet DR CR DR Cash $270 700 Inventory $16 000 Equipment $35 000 Land $10 000 Building $70 000 Accumulated depreciation $9 000 Notes payable $78 000 $7 800 Accounts payable $40 000 Taxes payable $8 000 Salaries payable $20 000 Capital stock $115 000 Retained earnings $ - Income Statement Sales $400 000 Gain on Sale on MND stock $18 000 Dividend from MND Corporation $2 000 Cost of Good Sold $84 000 Legal expenses $6 000 Accounting expenses $4 000 Miscellaneous expenses $2 100 Premium on life insurance policy $ 800 Advertising $8 600 Utilities $8 000 Payroll Taxes $12 500 Salary expenses $120 000 Insurance $9 000 Repairs $6 500 Charitable contributions $17 600 Depreciation per books $9 000 Interest expense $ 200 Compensation of Officers $60 000
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