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Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance 2 is for the year ended December 31,20X1 Credits 4Account Titles 5 Cash
Noodles Unlimited, Inc. sells swimming pool toys. The following adjusted trial balance 2 is for the year ended December 31,20X1 Credits 4Account Titles 5 Cash 6 Accounts Receivable 7Inventory 8 Prepaid Rent Debits 37,500 28,600 43,300 2,000 69,000 9Equipment $20,700 8,800 20,000 75,000 31,800 175,500 10 Accumulated Depreciation 11Accounts Payable 12 Notes Payable 13 Common Stock 14 Retained Earnings 1S Sales Revenue 16 Sales Returns and Allowances 17 Sales Discounts 18 Cost of Goods Sold 19 Salaries and Wages Expense 20 Depreciation Expense 4,700 6,000 67,700 25,900 13,800 24,000 1,600 ,700 $331,800 21 Rent Expense 22 Interest Expense 23 Loss on Sale of Equipment 24 Totals $331,800
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