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Please show how to do this ACME Inc. recorded the following trial balance before adjustments as of December 31, 2014. Prepare an adjusted trial balance

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ACME Inc. recorded the following trial balance before adjustments as of December 31, 2014. Prepare an adjusted trial balance using the following adjusting statements Insurance w as purchased tan 8/1/2014 for 2 years coverage. Cost of goods sold was determined to be at $64, 500 Depreciation is to be calculated using straight-line method Equipment is estimated to have a useful life of 20 years with a salvage value of $4,000 Furniture is estimated to have a useful life of 10 years with no salvage value. Interest on Notes Payable (12% annual interest rate) has not been paid since 9/1/20I4. Notes Receivable of $60,000 was issued on 6/1/2014 at 8% interest rate and no interest has been received. Owe wages expense $6, 200

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