Question
Metlock Advertising Agency Inc. was founded in January 2020. Presented below are adjusted and unadjusted trial balances as at December 31, 2023. Metlock Advertising
Metlock Advertising Agency Inc. was founded in January 2020. Presented below are adjusted and unadjusted trial balances as at December 31, 2023. Metlock Advertising Agency Inc. Trial Balance December 31, 2023 Unadjusted Adjusted Dr. Cr. Dr. Cr. Cash $11.440 $11.440 Accounts receivable 20,800 24,440 Supplies 8,740 3,120 Prepaid insurance 3,480 2,600 Equipment 62.400 62,400 Accumulated depreciation-equipment $29.120 $34,320 Accounts payable 5.200 5.200 Interest payable 0 750 Notes payable 7,500 7,500 Unearned revenue 7,280 5,820 Salaries and wages payable 1,350
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