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NUNA MUSIC Tiral Balances February 28, 2020 Unadjusted Trial Balance Cr Adjustments Dr. Cr. Adjusted Trial Balance Dr. Cr. Account Dr. $31.000 $ 14,000 32,000
NUNA MUSIC Tiral Balances February 28, 2020 Unadjusted Trial Balance Cr Adjustments Dr. Cr. Adjusted Trial Balance Dr. Cr. Account Dr. $31.000 $ 14,000 32,000 16,800 102,000 $ 14,000 63.000 4,800 102,000 $12,000 11,500 $ 23,000 19.000 213,000 $ 34,500 - 19,000 213,000 Cash Accounts receivable Prepaid insurance Equipment Accumulated depreciation, equipment Accounts payable Abraham Nuna, capital Abraham Nuna, withdrawals Revenues Depreciation expense, equipment Salaries expense Insurance expense Totals 102,000 102,000 214,000 31,000 245,000 11,500 187,700 14,500 $469,000 11,500 187,700 26.500 $511,5 12,000 $54,500 $469,000 $54,500 $511,500 Using the completed adjusted trial balance columns from the above table, prepare an income statement, a statement of changes in equity, and a balance sheet for the year ended February 28, 2020. Assume that the owner made no investments during the year. (Be sure to list the assets and liabilities in order of their liquidity. Enter all amounts os positive in the income statement.)
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