Question: The adjusted trial balance for Morrison Services Ltd. at August 31, 2021 is as follows: Morrison Services Ltd. Adjusted Trial Balance August 31, 2021


The adjusted trial balance for Morrison Services Ltd. at August 31, 2021 is as follows: Morrison Services Ltd. Adjusted Trial Balance August 31, 2021 Debit Credit Cash Accounts receivable Supplies Prepaid insurance Equipment $11,940 16,510 3,500 3,670 25,620 Accumulated depreciation-equipment $6,190 Accounts payable Salaries payable 2,880 2,330 Interest payable Rent payable 1,620 1,180 Income tax payable 1,350 Deferred revenue 760 Bank loan payable, due 2024 24,800
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