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Calculate total assets at December 31, 2020 after the appropriate adjusting entries have been recorded and posted? At December 31, 2020, zZ, Inc. 's unadjusted
Calculate total assets at December 31, 2020 after the appropriate adjusting entries have been recorded and posted?At December 31, 2020, zZ, Inc. 's unadjusted trial balance reported the following accounts: Accumulated Depreciation $57,000 Cost of Goods Sold $54,000 .. Income Tax Expense $14,000 Retained Earnings . $80,000 (at January 1, 2020) . ZZ, Inc. has not yet recorded adjusting entries related to the following four items: 1) The prepaid insurance in the unadjusted trial balance relates to a 2-year insurance policy purchased on March 31, 2020 2) Depreciation expense of $9,000 has not yet been recorded 3) The note receivable was a loan given to a customer on June 1, 20260 It is a 10-month, 15% loan. 4) A physical count revealed that supplies costing $8,000 were still on hand as of December 31, 2020 Calculate ZZ, Inc. 's total assets at December 31, 2020 after the appropriate adjusting entries have been recorded and posted. Do not use decimals in your
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