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Adjusted Trial Balance for Noodles Unlimited Inc. Account Titles Cash Accounts Receivable Inventory Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Long Term Notes

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Adjusted Trial Balance for Noodles Unlimited Inc. Account Titles Cash Accounts Receivable Inventory Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Unearned Revenue Long Term Notes Payable Common Stock Retained Earnings Dividends Sales Revenue Sales Returns & Allowances 4 Sales Discounts Cost of Goods Sold Salaries and Wages Expense Depreciation Expense Rent Expense Interest Expense Totals Debits Credits $37,500 28,600 43,300 2,000 69,000 20,700 8,800 20,000 75,000 1,000 30,800 7,700 175,500 4,700 6,000 67,700 25,900 13,800 24,000 1,600 $331,800 $331,800 20. Calculate the Long-Term Assets: a. 48,300 b. 69,000 c. 71,000 d. 114,300 21. Determine the Total Liabilities: a. 83,800 b. 103,800 c. 124,500 d. 104,500 22. Determine the Ending Retained Earnings: a. 62,600 b. 24,100 c. 54,900 d. 30,800 23. Calculate Total Stockholders Equity as shown on the balance sheet: a. 55,900 b. 31,800 c. 24,100 d. 54,900 24. Calculate Gross Profit: a. 97,100 b. 164,800 c. 107,800 d. 71,200 25. Calculate Operating Income: a. 71,200 b. 31,800 c. 97,100 d. 33,400

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