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Question 3 of 4 -/17 III View Policies Current Attempt in Progress Presented below is the adjusted trial balance of Novak Corporation at December 31,
Question 3 of 4 -/17 III View Policies Current Attempt in Progress Presented below is the adjusted trial balance of Novak Corporation at December 31, 2020. Debit Credit Cash $ ? Supplies 1,650 1,450 Prepaid Insurance Equipment 48,450 Accumulated Depreciation-Equipment $ 4,450 Trademarks 1,400 10,450 950 Accounts Payable Salaries and Wages Payable Unearned Service Revenue Bonds Payable (due 2027) Common Stock 2,450 9,450 10,450 Retained Earnings 25,450 Service Revenue 10,450 Salaries and Wages Expense 9,450 Insurance Expense 1,850 Rent Expense 1,650 Interest Expense 1.350 Total $ $ ? $ ? Additional information: 1. Net loss for the year was $3.850. 2. No dividends were declared during 2020. Question 3 of 4 -/17 NOVAK CORPORATION Balance Sheet For the Quarter Ended December 31, 2020 Assets Current Assets ( > > >
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