Question: Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $ 7 , 4 0 0 . Six months

Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $7,400.
Six months of the one-year insurance policy purchased on July 1 has expired.
Four months of the one-year rental agreement purchased on September 1 has expired.
Of the $1,800 of office supplies purchased on July 4, $220 remains.
Interest expense on the $43,000 loan obtained from the city council on August 1 should be recorded.
Of the $2,300 of racing supplies purchased on December 12, $130 remains.
Suzie calculates that the company owes $14,000 in income taxes.
4. Prepare an adjusted trial balance as of December 31,2024.

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