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Nicholl Corporation Adjusted Trial Balance October 31, 2018 Account Debit Credit Cash $ 20,000 Accounts receivable 19,500 Supplies 2,400 Prepaid rent 1,300 Equipment 36,600

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Nicholl Corporation Adjusted Trial Balance October 31, 2018 Account Debit Credit Cash $ 20,000 Accounts receivable 19,500 Supplies 2,400 Prepaid rent 1,300 Equipment 36,600 Accumulated depreciation- equipment $ 4,400 Accounts payable 9,400 Interest payable 800 Unearned service revenue 1,050 Income tax payable 2,700 Note payable 18,400 Common stock 17,000 Retained earnings 5,000 Dividends 2,000 Service revenue 90,550 Depreciation expense- equipment 1,000 Salary expense 39,800 Rent expense 11,100 Interest expense 3,200 Insurance expense 3,700 Supplies expense 2,100 Income tax expense 6,600 $ 149,300 $149,300 Total

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