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cash 2 4 0 0 0 account receivable 1 1 0 0 0 supplies 4 0 0 0 equipment ( purchased 1 - 1 -

cash 24000account receivable 11000supplies 4000equipment (purchased 1-1-2019)22000accumelated depreciation 2000unearned service revenues 6000note payable (12% issued 31-12-2019 for 3 years)14000shared capital balance 34000retained earning5000transactions during 2020supplies purchased for cash900services performed (1/3 of it on account)45800salaries expense for cash 6600rent expenses for cash 3500utilities expense for cash 1500additional investment by owners for cash 10100dividends paid for cash 2500information relate to adjusting entries(31-12-2020)accrued salaries unpaid 1400supplies on hand 31-12-202026002/3 of unearned service revenues become earneddo not forget adjusting entries for depreciation & interestanswer the following questions relate to 31-12-2020:answers:your student id()what is the total debit on the trial balance what is the total credit on adjusted trial balancewhat is the total debit on after closing trial balancewhat is the total expenses that will appear in 2020 income statement what is the total revenues that will appear in 2020 income statement what is the net income for 2020what is the book value of equipmentwhat is the total assets what is the total liabilitieswhat is the ending retained earnings what is the supplies unused what is the supplies used during 2020 what is the changes in equity during 2020what is the balance of income summary on 31/12/2020 before it is closed what is the beginning retained earnings

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