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(c) Interest Payable Depreciation Expense Interest Expense The parts of this question must be completed in order. This part will be available when you
(c) Interest Payable Depreciation Expense Interest Expense The parts of this question must be completed in order. This part will be available when you complete the part above The unadjusted trial balance for Wildhorse Designs at its year end, April 30, 2024, is as follows: WILDHORSE DESIGNS Trial Balance April 30, 2024 Debit Credit Cash Accounts receivable Prepaid rent Equipment $11,000 8,400 5,500 23,040 Accumulated depreciation-equipment $5,760 Accounts payable Notes payable Unearned revenue 5,500 12,000 1,500 T. Anderson, capital 23,950 T. Anderson, drawings 3,900 Service revenue 16,000 Salaries expense 9,700 Interest expense 530 Depreciation expense 2,640 Interest expense 530 Depreciation expense 2,640 $64,710 $64,710 Additional information: 1. 2. 3. $430 of the unearned revenue is to be recognized because the related gardening services have been provided by April 30, 2024. The equipment has an estimated useful life of eight years. Interest on the note payable is due on the first day of each month for the previous month's interest. The note payable has a 6% annual interest rate. Post the adjusting entries. (Post entries in the order of journal entries presented in the previous part.) Unearned Revenue Accumulated Depreciation-Equipment Service Revenue Interest Payable
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