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2 Part 1 of 2 2.5. points eBook Hint Print References Required information Use the following information for Quick Studies below. (Algo) [The following

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2 Part 1 of 2 2.5. points eBook Hint Print References Required information Use the following information for Quick Studies below. (Algo) [The following information applies to the questions displayed below.] The following is the adjusted trial balance of Sierra Company. Account Title Cash Prepaid insurance Sierra Company Adjusted Trial Balance December 31 Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) L. Sierra, Capital L. Sierra, Withdrawals Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit Credit $ 45,000 2,500 8,000 120,000 $ 32,000 12,500 13,000 40,500 11,000 109,500 5,500 12,000 3,500 $207,500 $207,500

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