|Rock Bottom Harbor Clothing Corporation|
|December 31, 2018|
|Allowance for Doubtful Accounts||$ 600|
|Inventory, December 31||70,350|
|Accumulated Depreciation- Eqpuipment||22,500|
|Cost of Goods Sold||207,400|
|Salaries Expense (sales)||59,850|
|Salaries Expense (administration)||76,300|
|Total||$ 564,850||$ 564,850|
Above is the unadjusted trial balance for Rock Bottom Harbor Clothing Corporation. They close their books of Dec 31st
Prepare an adjusted trial balance at December 31, 2018. Note that the following additional accounts will be needed.
Bad Debt Expense, Insurance Expense, Interest Expense, Prepaid Advertising, Supplies, Rent Expense
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