On August 1, 2022, the following were the account balances of Monty Repair Services. Debit Credit Cash $5,560 Accumulated Depreciation-Equipment 550 Accounts Receivable 2,680 Accounts Payable 2,120 Notes Receivable 3,600 Unearned Service Revenue 1,160 Supplies 950 Salaries and Wages Payable 1,310 Equipment 9,200 Common stock 11,000 Retained Earnings 5,850 21,990 21,990 During August, the following summary transactions were completed. Paid $370 cash for advertising in local newspapers. Advertising flyers will be included with newspapers delivered during August and September. Aug. 1 3 Paid August rent $350. 5 Received $1,100 cash from customers in payment of account. 10 Paid $2,870 for salaries due employees, of which $1,560 is for August and $1,310 is for July salaries payable. 12 Received $2,580 cash for services performed in August. 15 Purchased store equipment on account $1,840. 20 2222222 2 25 27 29 Paid creditors $1,840 of accounts payable due. Purchased supplies on account $740. Paid $2,670 cash for employees' salaries. Billed customers $3,460 for services performed. Received $720 from customers for services to be performed in the future. Adjustment data: 1. A count shows supplies on hand of $880. 2. Accrued but unpaid employees' salaries are $1,420. 3. Depreciation on equipment for the month is $290. 4. Services were performed to satisfy $740 of unearned service revenue. 5. One month's worth of advertising services has been received. 6. One month of interest revenue related to the $3,600 note receivable has accrued. The 4-month note has a 6% annual interest rate. Prepare an adjusted trial balance. MONTY REPAIR SERVICES Trial Balances $ Debit $ Credit A