Presented below is an adjusted trial balance for Shawn Company, at December 31, 2020.

*******************PLEASE USE THE SAME FORMAT AND NUMBER OF BOXES******************************* THANK YOU!******************************

*******************PLEASE USE THE SAME FORMAT AND NUMBER OF BOXES******************************* THANK YOU!*************************************************PLEASE USE THE SAME FORMAT AND NUMBER OF BOXES******************************* THANK YOU!******************************

Exercise 195 a-b Presented below is an adjusted trial balance for Shawn Company, at December 31, 2020. Cash Accounts receivable Prepaid insurance Equipment Depreciation expense Owner's Drawings Advertising expense Rent expense Salaries and wages expense Insurance expense $7,700 Accounts payable 20,000 Notes payable 15,000 Accumulated depreciation-Equipment 35,000 Service revenue $10,000 9,000 14,000 29,000 24,000 16,000 7,000 1,500 1,400 800 12,000 1,600 $102,000 Owner's capital Unearned service revenue $102,000