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Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31 The unadjusted trial balance
Pastina Company sells various types of pasta to grocery chains as private label brands. The company's fiscal year-end is December 31 The unadjusted trial balance as of December 31, 2018, appears below Account Title Cash Accounts receivable Supplies Inventory Note receivable Interest receivable Prepaid rent Prepaid insurance Office equipment Accumulated depreciation-office equipment Accounts payable Salaries and wages payable Note payable Interest payable Deferred revenue Common stock Retained earnings Sales revenue Interest revenue Cost of goods sold Salaries and wages expense Rent expense Depreciation expense Interest expense Supplies expense Insurance expense Advertising expense Totals Credits Debits 26,000 36,000 1,400 56,000 16,000 2,400 96,000 36,000 27,000 46,000 56,000 31,620 144,000 66,000 18,500 13,200 1,000 5,520 2,600 340,620 340,620
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