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, August
Current Attempt in Progress Morrison Services Ltd. reports the following adjusted account balances, shown in alphabetical order, at the end of its fiscal year, August 31, 2021 Accounts payable $ 2.850 $ 1,090 Accounts receivable 18,360 1,540 Insurance expense Interest expense Interest payable Prepaid insurance 5,840 1,540 Accumulated depreciation-equipment Bank loan payable, due 2024 25,000 3,480 11,340 Rent expense 17.330 Cash 1.180 4,960 Common shares 2,200 Rent payable Retained earnings Salaries expense 5,530 Depreciation expense 19.970 720 Deferred revenue 2.270 630 Salaries payable Service revenue Dividends declared Equipment 57.570 26.010 3,480 1.990 Income tax expense Supplies Supplies expense 1,670 1,630 Income tax payable All accounts have normal balances. Prepare an adjusted trial balance
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