Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co

Alert Security Services Co. offers security services to business clients. The trial balance for Alert Security Services Co. has been prepared on the following end-of-period spreadsheet for the year ended October 31, 2019:



Alert Security Services Co. End-of-Period Spreadsheet For the Year Ended October 31, 2019 Unadjusted Trial Balance Adjustments Adjusted   Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 12 Accounts Receivable 90 Supplies 8 Prepaid Insurance 12 Land 190 Equipment 50 Accum. Depr.—Equipment 4 Accounts Payable 36 Wages Payable0 Brenda Schultz, Capital 260 Brenda Schultz, Drawing 8 Fees Earned200 Wages Expense 110 Rent Expense 12 Insurance Expense 0 Utilities Expense 6 Supplies Expense 0 Depreciation Expense 0 Miscellaneous Expense 2 500 500











The data for year-end adjustments are as follows:
a. Fees earned but not yet billed, $13.
b. Supplies on hand, $4.
c. Insurance premiums expired, $10.
d. Depreciation expense, $3.
e. Wages accrued but not paid, $1.

Enter the adjustment data and place the balances in the Adjusted Trial Balance columns.


Answers:

 Account TitleDebit Credit Debit Credit
 Cash1212
 Accounts Receivable90 (a) 13 103
 Supplies8 (b) 4 4
 Prepaid Insurance12 (c) 10 2
 Land190190
 Equipment5050
 Accumulated Depreciation—Equipment 4 (d) 3 7
 Accounts Payable3636
 Wages Payable0 (e) 1 1
 Brenda Schultz, Capital260260
 Brenda Schultz, Drawing 88
 Fees Earned200 (a) 13 213
 Wages Expense110 (e) 1 111
 Rent Expense1212
 Insurance Expense0 (c) 10 10
 Utilities Expense66
 Supplies Expense0 (b) 4 4
 Depreciation Expense0 (d) 3 3
 Miscellaneous Expense22
 Totals500 500 31 31 517 517