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begin{tabular}{|c|c|c|c|} hline hline 6 & Trucks & 50,000,00 & hline T & Accumulated Depreciation-Trucks & & 15,00000 hline 1. & Accounts Payabie
\begin{tabular}{|c|c|c|c|} \hline \\ \hline 6 & Trucks & 50,000,00 & \\ \hline T & Accumulated Depreciation-Trucks & & 15,00000 \\ \hline 1. & Accounts Payabie & & 5,000.00 \\ \hline s) & Comonon Stock & & 27,00000 \\ \hline & Retained Earrings & & 20,10000 \\ \hline & Dindends & 15,000.00 & \\ \hline & 12) Senice Rerenue: & & 190,000.00 \\ \hline & 13 Wages Expense & 46,00000 & \\ \hline & 14) Prent Expense & 10,500.00 & \\ \hline & 13. Truck Expense. & 9.00000 & \\ \hline \end{tabular} All wook saved. Instructions Lakota Freight Co, UNADJUSTED TRIAL BALANCE March 31, 20Y4 1 Cach ACCOUNT TITE DEBIT CREOTI 17 Suppties 32,00000 3 Prepaid insurance 4,80000 1. Equipment 100,000.00 5. Accurmulated Depreciation-Equipment 25,00000 ramenan All work saved. Ledger accounts, adjusting entries, financial statements, and closing entries The data needed ta determine vear-end adiustinents are as follows: The darta needed to determine yeariend adjustrents are as follones: (a) Supples on hand at March 31 are $7,000 (8) Insounnce premiums expired during year are $2,400. (c) Depreclution of equiprent durng year is 88,360 . (d) Depecolation of thucks during yeat is $6,100. (e) Waces acconied but not paid at March 31 are $500 Aequired: mark in the Post. Fet, colimen. 4. Prepare an adfusted trial balance. 5. A Propure an income stafement for the year ended March 31,20Y4. c. Propare a Balance sheet as of Marchar, 20YA stocktolders' equits and the balarice shept BEFORE completing part of a) b. Post the ckosing entries, insering bulances in the acocuntr aflectod. 7. Prepare a post-cloing trial balance
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