Accrued salaries 1
Bill’s Company
Partial Worksheet
For the Year Ended December 31st, 2012
Account Titles Trial Balance Adjustments
Adjusted
Trial Balance
Debit Credit Debit Credit Debit Credit
Merchandise Inv. 16
Store Supplies 10
Store Equipment 20
Accum. Depr. Store
Equip.
6
Salaries Payable
Income Summary
Salary Expense 10
Depreciation Expense
Store Supplies Exp.
merchandise inv.
Based on the given information, we have a partial worksheet for Bill's Company for the year ended December 31st, 2012. The information includes a trial balance and adjustments.
To determine the accrued salaries, we need to look at the adjustments section of the worksheet. Accrued salaries are wages that have been earned but not yet paid to employees.
From the given information, we can see that there is an Account titled "Salaries Payable" in the adjustments section. This indicates that there is an adjustment related to salaries.
To determine the value of accrued salaries, we need to look at the adjusted trial balance. The adjusted trial balance includes the adjustments made to the accounts.
In the given adjusted trial balance, we can see that there is an amount associated with the "Salaries Payable" account. This amount represents the accrued salaries.
To find the value of accrued salaries, look for the "Salaries Payable" account in the adjusted trial balance and identify the debit or credit amount associated with it. The amount will indicate the value of the accrued salaries.
Note: The information provided is a partial worksheet, and there may be additional information or adjustments that need to be considered to obtain the complete answer.