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Good Note Company specializes in the repair of music equipment and is owned and operated by Robin Stahl. On June 30, 20Y6, the end
Good Note Company specializes in the repair of music equipment and is owned and operated by Robin Stahl. On June 30, 20Y6, the end of the current year, the accountant for Good Note prepared the following trial balances: Good Note Company Trial Balances June 30, 2016 Unadjusted Debit Unadjusted Adjusted Debit 1 Balances Credit Balances Balances Adjusted Credit Balances 2 Cash Accounts Receivable Supplies 59,190.00 39,190.00 89,215.00 89,215.00 11,450.00 2.275.00 Prepaid Insurance 13,290.00 3,495.00 *Equipment 289,750.00 289,750,00 Accumulated Depreciation-Equipment 93,805.00 104,980.00 Automobiles 129,660.00 129,660.00 Accumulated Depreciation-Automobiles 54,915.00 62,645.00 in Accounts Payable 24,720.00 25,860.00 11 Salaries Payable 8,355,00 12 Unearned Service Fees 18,345.00 9,760.00 11 Common Stock- 90,000.00 90,000.00 14 Retained Earnings 239.790.00 259.290.00
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