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Jackson, Inc. Adjusted Trial Balance 12/31/2020 Dr. Cr. Cash 25,000 Accounts Receivable 18,000 Office Supplies 24,000 Prepaid Rent 36,000 Equipment 245,000 Accumulated Depreciation 20,000 Accounts

Jackson, Inc.

Adjusted Trial Balance

12/31/2020

Dr.

Cr.

Cash

25,000

Accounts Receivable

18,000

Office Supplies

24,000

Prepaid Rent

36,000

Equipment

245,000

Accumulated Depreciation

20,000

Accounts Payable

11,000

Wages Payable

8,000

Unearned Revenue

7,000

Long-Term Debt

9,000

Common Stock

1,000

Additional Paid in Capital (APIC)

4,000

Retained Earnings

225,000

Dividends

22,000

Sales Revenue

100,000

Interest Revenue

15,000

Rent Expense

15,000

Wage Expense

10,000

Utilities Expense

5,000

TOTAL

400,000

400,000

what is jacksons 1/1/2021 balance for accumulated depreciation and will it be credit or debit and why?

what about accounts payable?

and wages payable?

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