Preparing an Adjusted Trial Balance from Adjusted Account Balances Gibson Consultants, Inc., provides marketing research for clients in the retail industry. The company had the following adjusted balances at December 31, 2012 (listed alphabetically): 11eb7f6e_011d_ea96_9b93_c958d4e25d7e_SM1709_00 Required: 1. Prepare an adjusted trial balance listing the accounts in proper order at December 31, 2012. Solve for the " " in Retained Earnings. 2. Does the Retained Earnings balance determined in requirement 1 represent the balance at December 31, 2012, or December 31, 2011 Explain.

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

النسخة 4الرقم المعياري الدولي: 978-0078025372

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

النسخة 4الرقم المعياري الدولي: 978-0078025372

تمرين 39

Preparing an Adjusted Trial Balance from Adjusted Account Balances
Gibson Consultants, Inc., provides marketing research for clients in the retail industry. The company had the following adjusted balances at December 31, 2012 (listed alphabetically):

Required:
1. Prepare an adjusted trial balance listing the accounts in proper order at December 31, 2012. Solve for the " " in Retained Earnings.
2. Does the Retained Earnings balance determined in requirement 1 represent the balance at December 31, 2012, or December 31, 2011 Explain.

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1.
Trial balance:
Trial balance is a s...