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Preparing Financial Statements from Adjusted Account Balances Use the following year - end adjusted trial balance to answer questions 1 - 3 . table
Preparing Financial Statements from Adjusted Account Balances Use the following yearend adjusted trial balance to answer questions tableDebit,CreditCash$Accounts receivable,Prepaid insurance,EquipmentAccumulated depreciationEquipment,,$ Interest payable,,Unearned revenue,,Longterm notes payable,,M Choi, Capital,,M Choi, Withdrawals,Services revenue,,Wages expense,Utilities expense,Insurance expense,Depreciation expenseEquipment,Interest expense,Totals$$
Preparing Financial Statements from Adjusted Account Balances
Use the following yearend adjusted trial balance to answer questions
tableDebit,CreditCash$Accounts receivable,Prepaid insurance,EquipmentAccumulated depreciationEquipment,,$ Interest payable,,Unearned revenue,,Longterm notes payable,,M Choi, Capital,,M Choi, Withdrawals,Services revenue,,Wages expense,Utilities expense,Insurance expense,Depreciation expenseEquipment,Interest expense,Totals$$
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