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just need the value for accumulated depreciation-trucks. The adjusted trial balance for Happ Company follows. Number 101 Credit 106 Debit $ 6,200 27,094 43,000 $

just need the value for accumulated depreciation-trucks. image text in transcribed
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The adjusted trial balance for Happ Company follows. Number 101 Credit 106 Debit $ 6,200 27,094 43,000 $ 17,286 30,000 153 154 183 201 209 233 307 318 319 401 611 622 640 Adjusted Trial Balance December 31 Account Title Cash Accounts receivable Trucks Accumulated depreciation-Trucks Land Accounts payable Salaries payable Unearned revenue Common stock Retained earnings Dividends Plumbing revenue Depreciation expense-Trucks Salaries expense Rent expense Totals 14,446 3,305 2,705 15,000 51,007 15,253 62,000 5,762 29,016 9,424 $ 165, 749 $ 165, 749 a. Use the adjusted trial balance to prepare the December 31 year-end income statement b. Use the adjusted trial balance to prepare the December 31 year-end statement of retained earnings. The Retaine balance was $51,007 on December 31 of the prior year. c. Use the adjusted trial balance to prepare the December 31 year-end balance sheet. HAPP COMPANY Balance Sheet December 31 Assets Cash $ 6,200 Accounts receivable 27,094 Trucks 43,000 Accumulated depreciation-Trucks Land 30,000 Total assets $ 106,294 Liabilities $ Accounts payable Salaries payable Unearned revenue 14,446 3,305 2,705 $ $ 20,456 Equity Common stock Retained earnings 15,000 53,552 68,552 Total liabilities and equity $ 89,008

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