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Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable
Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land Accounts payable Interest payable Salaries payable Unearned revenue Long-term notes payable Common stock Retained earnings Dividends Services revenue Interest revenue Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense Office supplies expense Advertising expense Repairs expense-Automobiles Totals Credit ember 31 follows: Debit $ 176,700 $3,500 20,800 169,500 16,000 173,000 $ 85,000 136,000 25,000 86,000 98,000 45,000 18,000 30,000 152,000 27,580 248,220 46,000 564,000 22,000 25,500 20,000. 190,000 45,000 33,200 34,800 58,000 30,800 $ 1,314,800 $ 1,314,800 Required: Use the information in the adjusted trial balance to prepare (a) the income statement for the year nded December 31(Note: Retained Earnings at Dece
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