a. Annual depreciation of the equipment; $11,500. 

b. $12,000 of the Prepaid Insurance balance has expired. 

c. Unbilled and unrecorded revenues at year-end totaled $31,000.

Required 

Referring to Exhibit 3.22, use the information provided to complete the columns.

Transcribed Image Text:

Nuna Music Trial Balances February 28, 2017 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Cr. Cr. Cr. Dr. Dr. Dr. $ 14,000 Cash Accounts receivable 32,000 Prepaid insurance 16,800 Equipment 102,000 $ 23,000 Accumulated depreciation, equipment Accounts payable Abraham Nuna, capital 19,000 213,000 Abraham Nuna, withdrawals 102,000 Revenues Depreciation expense, equipment Salaries expense 214,000 -0 187,700 Insurance expense 14,500 Totals $ 469,000 $ 469,000