Question
Below is the adjusted trial balance of ABC Corporation at December 31, 2021. ABC Corporation Trial Balance 31-Dec-21 Debit Credit Cash $? Supplies 1,000 Prepaid
Below is the adjusted trial balance of ABC Corporation at December 31, 2021. ABC Corporation Trial Balance 31-Dec-21 Debit Credit Cash $? Supplies 1,000 Prepaid Insurance 2,000 Equipment 48,000 Accumulated Depreciation - Equipment $4,000 Trademarks 1,000 Accounts Payable 10,000 Salaries and Wages Payable 1,000 Unearned Service Revenue 2,000 Bonds Payable (due 2024) 9,000 Common Stock 10,000 APIC 4,000 Retained Earnings 25,000 Service Revenue 10,000 Salaries and Wages Expense 9,000 Insurance Expense 1,000 Rent Expense 2,000 Total ? ? Assets Current Assets Total Current Assets Long Term Investments PP&E Intangible Assets Other Assets Total Assets Liabilities Current liabilities Total Current Liabilities LTL Total Liabilities Shareholders' Equity Common Stock Retained Earnings Total Shareholders' Equity Total Liabilities and Shareholders' Equity
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