Question
I have prepared the classified balance sheet (below) but need help computing the missing values (red stars) please. Presented below is the adjusted trial balance
I have prepared the classified balance sheet (below) but need help computing the missing values (red stars) please.
Presented below is the adjusted trial balance of Riverbed Corporation at December 31, 2020. Cash Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Trademarks Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2027) Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense Rent Expense Interest Expense Total Additional information: Debit 1,310 1,110 48,110 1,060 9,110 1,510 1,310 1,010 Credit $ 4,110 10,110 610 2,110 9,110 10,110 25,110 10,110 1. 2. Net loss for the year was $2,830. No dividends were declared during 2020.
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