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8).Prohibition Ltd trial balance at December 31, 20207, is shown below. Prepare the dosing entries. Prohibition Ltd. Trial Balance December 31, 2020 Debit $16,400 Credit

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8).Prohibition Ltd trial balance at December 31, 20207, is shown below. Prepare the dosing entries. Prohibition Ltd. Trial Balance December 31, 2020 Debit $16,400 Credit Cash Accounts receivable 2.500 Prepaid insurance 3,400 6,500 3,700 Prepaid rent Supplies Equipment Accumulated depreciation-equipment Furniture 27.500 $10.200 15.000 7,600 Accumulated depreciation-fumiture Accounts payable Salary payable 5.400 1400 Unearned revenue 6 500 Common shares 20,600 Retained earings 15.500 Dividends 3.000 Fees camed 25.900 4.900 Salary expense Depreciation expense-equipment Depreciation expense turniture 3.500 2500 Rent expense 3.500 Insurance expens 1 200 300 Supplies experse Advertising expense 200 596.400 596.00

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