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1. Presented below is an adjusted trial balance of Clifton in the Rain, Inc., as of 12-31-2021. Accounts Debits Credits $36,450. $ 23,780. 4,500. 30,720.
1. Presented below is an adjusted trial balance of Clifton in the Rain, Inc., as of 12-31-2021. Accounts Debits Credits $36,450. $ 23,780. 4,500. 30,720. 75,250. 180,800 270,000. 49,000. 33,900. 59,700. Cash Accounts Payable Supplies Expense Retained Eamnings Supply Inventory Bonds Payable (due 2025) Equipment Land Sales Salary Expense Accounts Receivable Accumulated Depreciation, Equipment Services Revenue Accumulated Depreciation, Building Prepaid Insurance Common Stock Advertising Expense Office Expenses Building Notes Payable (due 2022) Interest Revenue Salaries Payable Dividends Long Term Investments Insurance Expense Unearned Revenue 43,000 282,000. 65,800. 2,500. 150,000 17200. 32,700. 145,300. 15,000. 7.600. 3,300 8,000 54.000. 31,500 18,000 Totals $ 820.000 820,000 Write up an Income Statement and a Balance Sheet for the company in good form, including subtotals for both current and noncurrent items
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