Question: Current Attempt in Progress Morrison Services Ltd. reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, July


Current Attempt in Progress Morrison Services Ltd. reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, July 31, 2018: Accounts payable $2,880 Interest expense $1,410 Accounts receivable 19,925 Interest payable 1,320 Accumulated depreciation-equipment 5,715 Prepaid insurance 3,600 Bank loan payable, due 2021 24,700 Rent expense 17,690 Cash 7,490 Rent payable Retained earnings 1,210 Common shares 4,870 5,200 Depreciation expense 2,185 Salaries expense 19,140 Dividends declared 460 Salaries payable 2,150 Equipment 25,400 Service revenue 55,375 Income tax expense 2,070 Supplies 3,490 Income tax payable 1,480 Supplies expense 1,580 990 Unearned revenue 530 Insurance expense Prepare an adjusted trial balance. Morrison Services LTD. Adjusted Trial Balance July 31, 2018 Credit Debit July 31, 2018 Debit Credit 2$ 24 %24 Total
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