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Questions 21 (20 marks) Accounts and their balances from the adjusted trial balance of Pickles Store for the year ended December 31, 2020 are
Questions 21 (20 marks) Accounts and their balances from the adjusted trial balance of Pickles Store for the year ended December 31, 2020 are below. Pickles Store Trial Balance For the year ended December 31, 2020 Account Debit Credit Accounts Payable $4,000 Accounts receivable $85,00 Accumulated amortization, 9,000 equipment Amortization expense, equipment 4,500 Sales Discounts 400 Cash 1,200 Cost of goods sold 76,000 Equipment 75,110 I Insurance expense 350 Interest expense 140 Pickles, capital 32,500 Pickles, withdrawals 1,200 Inventory 2,100 Notes payable 3,000 Rent expense 660 1,200 Rent revenue Salaries expense 2,700 Sales 125,000 Sales returns and allowances 1,400 Supplies 350
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