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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 3,400 6,500 3,700 Prepaid insurance 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 1,400 Unearned revenue 6 500 Common shares 20,600 Retained eaming: 15.500 Dividends 3.000 Fees eamed 25.900 1.900 Salary experise Depreciation expense-equipment Depreciation expense-turniture 3.500 2500 Rent expense 4.500 Insurance expense 1.200 Supplies expense 300 Advertising expense 200 596.400 $95.00

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