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Prepare the adjusted trial balance. 10/1/23, 9:50 PM Unadjusted balances - Cash: $430,000 - Accounts Receivable: $2,000 - Prepaid Insurance: $14,000 - Prepaid Rent: $22,000
Prepare the adjusted trial balance.
10/1/23, 9:50 PM Unadjusted balances - Cash: $430,000 - Accounts Receivable: $2,000 - Prepaid Insurance: $14,000 - Prepaid Rent: $22,000 - Equipment: $60,000 - Accumulated Depreciation-Equipment: $0 - Accounts Payable: $10,000 - Common Stock: $16,000 - Sales Revenue: $823,100 - Wage Expense: $290,400 - Utilities Expense: $11,200 - Insurance Expense: $8,500 - Rent Expense: $11,000 - Depreciation Expense-Equipment: So 10/1/23, 9:50 PM December 31, 2022 adjusting entries Adjusting entry 1 (AJE1): 10/1/23, 11:10 PM T-account balances after adjusting entries
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