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Adventure Elements provides outdoor activities including ropes courses, rock climbing, and zip-lining. The company offers a unique experience for team building activities, camps for
Adventure Elements provides outdoor activities including ropes courses, rock climbing, and zip-lining. The company offers a unique experience for team building activities, camps for youth, and anyone seeking outdoor adventure. The following is trial balance for the year ended March 31, 2020. No. Account 201 Accounts payable and accrued liabilities 103 Accounts receivable 168 300 Accumulated depreciation, equipment Becky Brenner, capital 301 Becky Brenner, withdrawals 101 Cash 194 Copyright Debit Credit $ 2,650 $ 9,600 10,150 49,200 38,400 12,700 8,700 167 Equipment 39,000 633 Insurance expense 2,420 623 Interest expense 150 141 Notes receivable, due January 1, 2023 15,000 233 Long-term notes payable 19,600 610 Rent expense 10,550 402 Revenues 99,465 126 Supplies 295 637 Supplies expense 2,440 652 Telephone expense 2,770 203 Unearned revenues 13,900 688 Utilities expense 612 Wages expense Totals 2,340 50,600 $194,965 $194,965 The following is additional information that has not been included in the trial balance. Prev 2 of 2 Nev
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