The unadjusted trial balance of Sketch Star Makers Inc., prepared as of December 31, 2018, includes the following account balances. All of the accounts listed have normal balances. Cash $ 13,000 Accounts Receivable 2,600 Supplies 2,200 Prepaid Insurance 6,000 Equipment 16,000 Accumulated Depreciation 2,600 Notes Payable (long-term) 26,000 Deferred Revenue 8,000 Service Revenue 36,000 Salaries and Wages Expense 33,000 The following information is also available: A) A count of supplies revealed $1,000 worth on hand at December 31, 2018. B) An insurance policy, purchased on January 1, 2018, covers four years. C) The equipment depreciates at a rate of $1,600 per year; no depreciation has been recorded for 2018. D) One half (or 50%) of the amount recorded as Deferred Revenue remains deferred as of December 31, 2018. E) The accrued amount of salaries and wages at December 31, 2018 is $2,600.

Answer is given below.

Explanation:

Required adjustments for the company as of December 31, 2015 is as prepared below:

DateParticularsL.FAmount ($)Amount ($)

ASupplies Expense (2,200-1,000)  1,200  

Supplies    

(for supplies expensed)    

BInsurance Expense (6,000*12/48)  1,500  

Prepaid Insurance  1,500

(for insurance for 2015 expensed)    

CDepreciation expense  1,600  

Accumulated dep- equipment  1,600

(Foe equipment depreciated)    

DUnearned Revenue (8,000*.5)  4,000  

Service Revenue  4,000

(For revenue earned)    

ESalaries and wages expense  2,600  

Salaries and Wages payable  2,600

(For salaries and wages accrued)  

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )