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Flint Company ended its fiscal year on July 31, 2022. The companys adjusted trial balance as of the end of its fiscal year is shown
Flint Company ended its fiscal year on July 31, 2022. The companys adjusted trial balance as of the end of its fiscal year is shown as follows. Flint Company Adjusted Trial Balance July 31, 2022 No. Account Titles Debit Credit 101 Cash $9,850 112 Accounts Receivable 8,500 157 Equipment 15,800 158 Accumulated DepreciationEquip. $7,300 201 Accounts Payable 4,700 208 Unearned Rent Revenue 2,500 311 Common Stock 19,050 320 Retained Earnings 26,000 332 Dividends 15,500 400 Service Revenue 63,000 429 Rent Revenue 6,000 711 Depreciation Expense 7,500 726 Salaries and Wages Expense 56,400 732 Utilities Expense 15,000 $128,550 $128,550
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