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An analysis of the company's accounts shows the following. 1. 2. 3. 4. 5. 6. 7. The investment in the notes receivable earns interest at

An analysis of the company's accounts shows the following. 1. 2. 3. 4. 5. 6. 7. The investment in the notes receivable earns interest at a rate of 12% per year. Supplies on hand at the end of the month totaled $16,800. The balance in Prepaid Rent represents 4 months of rent costs. Employees were owed $3,500 related to unpaid salaries and wages. Depreciation on buildings is $5,040 per year. During the month, the company satisfied obligations worth $4,600 related to the Unearned S Unpaid maintenance and repairs costs were $2,250.
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No. Date Account Tities and Explanation Debit Credit 1. July 31 2. July 31 3. July 31 4. July 31 5. July 31 6. July 31 7. July 31 The ledger of Flint Lake Lumber Supply on July 31, 2025, includes the selected accounts belo prepared. An analysis of the company's accounts shows the following. An analysis of the company's accounts shows the following. 1. The investment in the notes receivable earns interest at a rate of 12% per year. 2. Supplies on hand at the end of the month totaled $16,800. 3. The balance in Prepaid Rent represents 4 months of rent costs. 4. Employees were owed $3,500 related to unpaid salaries and wages. 5. Depreciation on buildings is $5,040 per year. 6. During the month, the company satisfied obligations worth $4,600 related to the Unearned $ 7. Unpaid maintenance and repairs costs were $2,250

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