Project 9:

Please answer all questions and show all work. Thanks!

Project #9: Interest Payable Fido's Food Mart Adjusted Trial Balance December 31, 20XX Account Title Cash Accounts Receivable Less: Allowance for Doubtful Accounts Inventory Supplies Prepaid Insurance Equipment Vehicle Debits Credits 10,250 1,260 20,390 650 320 30,550 12,250 Less: Accumulated Depreciation - Equipment and Vehicle Accounts Payable Interest Payable Unearned Revenue (Gift Cards) 1,780 62,128 0 275 Bonds Payable (mature 12/31/2X00 Common Stock (200 shares @ $210/share,par $210) Retained Earnings Sales Revenue Less: Sales Discount Cost of Goods Sold Operating Expenses Bad Debt Expense Depreciation Expense Insurance Expense Interest Expense Rent Expense Supplies Expense Wages Expense Totals 42,000 134,725 64,330 34,840 3,260 1,780 160 5,750 1,200 15,500 254,168 254,168