Question 1 of 1 Syner-Y Company Adjusted Trial Balance (partial) Month ending July 31, 2019 Balances in s 15,000 23,450 Accounts payable Accounts receivable Accumulated depreciation - equipment Advertising expense Cash 26,000 18,900 34,210 Depreciation expense Insurance expense Note payable, due 3/31/20 Prepaid insurance (12-month policy) Rent expense Salaries and wages expense Sales revenue 2,400 3,800 36,000 7,600 16,000 32,000 892,000 Unearned revenue 4200 200,000 Equipment 7,760 9,087 Raw materials inventory, July 1 Work in process inventory, July 1 Finished goods inventory, June 1 Raw materials inventory, July 31 Work in process inventory, July 31 Finished goods inventory, June 31 12,909 9,230 13,980 39,700 Total manufacturing costs in July $390,000 Instructions 1. Present a partial Income Statement through gross profit using the information above. 2. Present the current asset section of the Balance Sheet using the information above