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Debit Company Adjusted Trial Balance December 31, 20X7 Cash $6,500 Accounts receivable 8.000 Supplies 1,000 Prepaid Rent (3 montas) 2.500 Equipment, ast 42,000 Accounts payable
Debit Company Adjusted Trial Balance December 31, 20X7 Cash $6,500 Accounts receivable 8.000 Supplies 1,000 Prepaid Rent (3 montas) 2.500 Equipment, ast 42,000 Accounts payable Salary payable Uneamed revenue (2 month-advence) Note payable--long term Common stock Retained estings Dividends 4,000 Service revenue Salary expense 40,000 Rent expense 10.000 Supplies expense 1.500 Depreciation experse Utilities expense 1.200 $4,000 2,000 2,000 14,000 10,000 14,700 75,000 PREPARE STATEMENT OF RETAINED EARNINGS FOR THE YEAR ENDED 5,000 DECEMBER 31 2021 Total $121.700 $121.700
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