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Hagadorn Company has the following adjusted accounts and balances at year-end (June 30): Accounts payable $ 60 Interest expense $ 150 Accounts receivable 570 Interest
Hagadorn Company has the following adjusted accounts and balances at year-end (June 30):
Accounts payable | $ | 60 | Interest expense | $ | 150 | |
Accounts receivable | 570 | Interest income | 10 | |||
Accrued expenses payable | 110 | Inventories | 890 | |||
Accumulated depreciation | 110 | Land | 350 | |||
Additional paid-in capital | 248 | Long-term debt | 1,360 | |||
Buildings and equipment | 1,490 | Prepaid expenses | 60 | |||
Cash | 275 | Rent expense | 480 | |||
Common stock | 62 | Retained earnings | 2,160 | |||
Cost of sales | 800 | Salaries expense | 770 | |||
Depreciation expense | 240 | Sales revenue | 2,240 | |||
Income taxes expense | 315 | Unearned fees | 15 | |||
Income taxes payable | 15 | |||||
Prepare an adjusted trial balance for the Hagadorn Company on June 30.
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