Question: Complete the adjustments and adjusted trial balance below. (Don't do 'Closing.) Dr. Cr. 150 (Company Name) Trial Balances As of August 31, 2021 Unadjusted Trial
Complete the adjustments and adjusted trial balance below. (Don't do 'Closing.") Dr. Cr. 150 (Company Name) Trial Balances As of August 31, 2021 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Closing Accounts Dr. Cr. Dr. Cr. Dr. Cr. Cash 13,025 Accounts Receivable 125 Prepaid Insurance 600 Supplies Equipment 3,000 Accumulated Depreciation Accounts Payable 50 Interest Payable Notes Payable 10,000 Common Stock 5,000 Retained Earnings 0 Sales Revenue 2,350 Rent Expenses 450 Interest Expense Depreciation Expense Insurance Expense Supplies Expense Dividends 50 Total 17,400 17,400 Complete the adjustments and adjusted trial balance below. (Don't do 'Closing.") Dr. Cr. 150 (Company Name) Trial Balances As of August 31, 2021 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Closing Accounts Dr. Cr. Dr. Cr. Dr. Cr. Cash 13,025 Accounts Receivable 125 Prepaid Insurance 600 Supplies Equipment 3,000 Accumulated Depreciation Accounts Payable 50 Interest Payable Notes Payable 10,000 Common Stock 5,000 Retained Earnings 0 Sales Revenue 2,350 Rent Expenses 450 Interest Expense Depreciation Expense Insurance Expense Supplies Expense Dividends 50 Total 17,400 17,400
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