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North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31. 10 Credit Debit $11,500 5,500
North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.
10 Credit Debit $11,500 5,500 2,300 20,500 Part 1 of 2 Account Titles Cash Accounts Receivable Prepaid Rent Equipment Accumulated Depreciation Accounts Payable Income Tax Payable Common Stock Retained Earnings Sales Revenue Salaries and Wages Expense Utilities Expense Rent Expense Depreciation Expense Income Tax Expense Totals $ 1,150 1,150 0 24,300 1,600 48, 100 4 points 24,500 12,000 0 eBook $76,300 $76,300 Other data not yet recorded at December 31: a. Rent expired during the year, $1,150. b. Depreciation expense for the year, $1,150. c. Utilities used and unpaid, $8,500. d. Income tax expense, $340. Check my worl 10 Required information Complete this question by entering your answers in the tabs below. Part 1 of 2 T Accounts Adjusted TB 4 points Summarize the adjusting journal entries in T-accounts. After entering the beginning balances and computing the adjusted ending balances. Prepaid Rent Rent Expense eBook Beg. Bal. Beg. Bal. End. Bal. End. Bal. Accumulated Depreciation Depreciation Expense Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal. 0 10 Required information Accounts Payable Utilities Expense Part 1 of 2 Beg. Bal. Beg. Bal. 4 points End. Bal 0 End. Bal. 0 Income Tax Payable Income Tax Expense eBook Beg. Bal. Beg. Bal. End. Bal. 0 End. Bal. 0Step by Step Solution
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