Question
Presented below is the adjusted trial balance of Marin, Inc. at December 31, 2017. Debit Credit Cash $ ? Supplies 1,330 Accounts Receivable 2,980 Prepaid
Presented below is the adjusted trial balance of Marin, Inc. at December 31, 2017. Debit Credit Cash $ ? Supplies 1,330 Accounts Receivable 2,980 Prepaid Insurance 2,420 Equipment 80,480 Accumulated DepreciationEquipment $20,800 Trademarks 4,200 Accounts Payable 3,340 Salaries and Wages Payable 940 Unearned Service Revenue 1,720 Bonds Payable (due 2024) 31,980 Common Stock 2,140 Additional paid-in capital 15,480 Retained Earnings 14,740 Service Revenue 30,160 Salaries and Wages Expense 14,760 Insurance Expense 2,840 Rent Expense 2,600 Interest Expense 2,640 Total $ ? $ ? Additional information: 1. Net income for the year was $7,320. 2. No dividends were declared during 2017. Prepare a classified balance sheet as of December 31, 2017. (List Current Assets in order of liquidity.) Marin, Inc. Balance Sheet choose the accounting period Assets select an opening name for subsection one select a bal.ance sheet item $enter a dollar amount select a balance sheet item enter a dollar amount select a balance sheet item enter a dollar amount select a balance sheet item enter a dollar amount select a closing name for subsection one $enter a total amount for subsection one select a balance sheet item enter a dollar amount select between addition and deduction : select a balance sheet item enter a dollar amount enter a subtotal of the two previous amounts select a balance sheet item enter a dollar amount select a closing section name for this part of the balance sheet $enter a total amount for this part of the balance sheet Liabilities and Stockholders' Equity select an opening name for subsection one select a balance sheet item $enter a dollar amount select a balance sheet item enter a dollar amount select a balance sheet item enter a dollar amount select a closing name for subsection one $enter a total amount for subsection one of the second part of the balance sheet select an opening name for subsection two select a balance sheet item enter a dollar amount select a closing name for section one enter a total amount for this section of the balance sheet select an opening name for section two select a balance sheet item enter a dollar amount select a balance sheet item enter a dollar amount select a balance sheet item enter a dollar amount select a closing name for section two enter a total of the three previous amounts select a closing name for this part of the balance sheet $enter a total amount for this part of the balance sheet.
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