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Lemontree Rental Company's unadjusted and adjusted trial balances at June 30, 2018, follow. EEB (Click the icon to view the unadjusted and adjusted trial balances.)

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Lemontree Rental Company's unadjusted and adjusted trial balances at June 30, 2018, follow. EEB (Click the icon to view the unadjusted and adjusted trial balances.) Read the requirements. Lemontree Rental Company Trial Balance Workshect June 30, 2018 Journal Entry Date Debit Credit Trial Balance Adjusted Trial Balance 30 Account Debit Credit Debit Credit Cash Accounts receivable Interest receivable Note receivable 8,700 6,300 $ 8,700 6,820 500 4,500 1,000 1,000 63,000 The seventh difference occurs in the Unearned Rental Revenue account. Record the adjustment 4,500 1,900 2,600 63,000 Journal Entry Prepaid insurance Building Accumulated depreciation-building Accounts payable Wages payable Unearned rental revenue Common stock Retained earnings Dividends Date Debit 30 $9,100 $7,400 6,700 6,700 2,000 15,000 41,400 1,700 15,000 41,400 Requirement 2. Compute Lemontree's total assets, total liabilities, net income, and total equity. Total Assets Total Liabilities Net Income Total Equity 3,800 3,800 PrintDone Choose from any list or enter any number in the input fields and then continue to the next Lemontree Rental Company's unadjusted and adjusted trial balances at June 30, 2018, follow. EEB (Click the icon to view the unadjusted and adjusted trial balances.) Read the requirements. Lemontree Rental Company Trial Balance Workshect June 30, 2018 Journal Entry Date Debit Credit Trial Balance Adjusted Trial Balance 30 Account Debit Credit Debit Credit Cash Accounts receivable Interest receivable Note receivable 8,700 6,300 $ 8,700 6,820 500 4,500 1,000 1,000 63,000 The seventh difference occurs in the Unearned Rental Revenue account. Record the adjustment 4,500 1,900 2,600 63,000 Journal Entry Prepaid insurance Building Accumulated depreciation-building Accounts payable Wages payable Unearned rental revenue Common stock Retained earnings Dividends Date Debit 30 $9,100 $7,400 6,700 6,700 2,000 15,000 41,400 1,700 15,000 41,400 Requirement 2. Compute Lemontree's total assets, total liabilities, net income, and total equity. Total Assets Total Liabilities Net Income Total Equity 3,800 3,800 PrintDone Choose from any list or enter any number in the input fields and then continue to the next

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