Nash Company has the following adjusted accounts and balances at year-end (June 30): Prepare an adjusted trial
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Nash Company has the following adjusted accounts and balances at year-end (June 30):
Prepare an adjusted trial balance in good form for the Nash Company at June 30.
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Accounts payable Accounts receivable Accrued expenses payable Accumulated depreciation Additional paid-in capital Buildings and equipment Cash Common stock Cost of sales Depreciation expense Income taxes expense Income taxes payable $ 250 420 160 250 300 1,300 175 100 780 150 135 50 Interest expense Interest income Inventories Land Long-term debt Prepaid expenses Rent expense Retained earnings Salaries expense Sales revenue Unearned fees $ 70 60 710 300 1,360 30 460 150 640 2,400 90
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Related Book For
Financial Accounting
ISBN: 9781264229734
11th Edition
Authors: Robert Libby, Patricia Libby, Frank Hodge
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A trial balance is a list of all the general ledger accounts contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance
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