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NEED DONE ASAP DUE TODAY PLEASE AND THANK YOU!! Sunland Advertising was founded in January 2013. Presented below are adjusted and unadjusted trial balances as
NEED DONE ASAP DUE TODAY PLEASE AND THANK YOU!!
Sunland Advertising was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. SUNLAND ADVERTISING TRIAL BALANCE DECEMBER 31, 2020 Unadjusted Adjusted Dr. Cr. Dr. Cr. Cash $17.510 $17.510 Accounts Receivable 28,500 32,195 9,300 3,684 5,020 4.246 Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment 68,520 68.520 $26.690 $31.900 Accounts Payable 35,042 35,042 Interest Payable 159 Notes Payable 5,300 5,300 6,720 5,397 -0- 1.391 9,320 9,320 Unearned Service Revenue Salaries and Wages Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Insurance Expense 3,750 3.750 58.688 63,706 11,140 12.531 774 450 609 5,210 Interest Expense Depreciation Expense Supplies Expense 5.616 5,070 5.070 Rent Expense $145,510 $145,510 $155.965 $155.965 07U Prepare an unclassified balance sheet at December 31. (List assets in order of liquidity) SUNLAND ADVERTISING Balance Sheet December 31, 2020 Assets Liabilities and stockholders' Equity Step by Step Solution
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