Question details

Presented below is the adjusted trial balance of Kelly Corporation at December 31, 2014.
$ 10.00

Presented below is the adjusted trial balance of Kelly Corporation at December 31, 2014.

 

Debit

 

Credit

Cash

$          ?

   

Supplies

3,370

   

Prepaid Insurance

3,170

   

Equipment

50,170

   

Accumulated Depreciation-Equipment

   

$  4,380

Trademarks

1,330

   

Accounts Payable

   

12,170

Salaries and Wages Payable

   

880

Unearned Service Revenue

   

2,380

Bonds Payable (due 2021)

   

11,170

Common Stock

   

12,170

Retained Earnings

   

25,380

Service Revenue

   

12,170

Salaries and Wages Expense

11,170

   

Insurance Expense

1,780

   

Rent Expense

1,580

   

Interest Expense

1,280

 

 

    Total

$          ?

 

$          ?


Additional information:

1.

 

Net loss for the year was $3,640.

2.

 

No dividends were declared during 2014.

 

 

 

 

Prepare a classified balance sheet as of December 31, 2014. 

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