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Question 5 of 7 < > -/1 Grouper Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of
Question 5 of 7 < > -/1 Grouper Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is- as follows. Grouper Company Adjusted Trial Balance July 31, 2022 No. Account Titles Debit Credit 101 Cash $10,250 112 Accounts Receivable 9,000 157 Equipment 15,700 158 Accumulated Depreciation-Equip. $7,700 201 Accounts Payable 4,700 208 Unearned Rent Revenue 1,800 311 Common Stock 20,250 320 Retained Earnings 25,500 332 Dividends 15,500 400 Service Revenue 65,000 429 Rent Revenue 6,500 711 Depreciation Expense 9,000 726 Salaries and Wages Expense 56,500 732 Utilities Expense 15,500 $131,450 $131,450
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