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Required information The following information applies to the questions displayed below) Pastina Company sells various types of pasta to grocery chains as private label
Required information The following information applies to the questions displayed below) Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2024, appears below. Account Title Cash Accounts receivable Supplies Inventory Notes receivable Sebits $32,600 Credits 41,000 2,000 61,000 21,000 Interest receivable Prepaid rent 1,400 Prepaid insurance 7,000 office equipment $4,000 Accumulated depreciation Accounts payable 5:31,500 32,000 Salaries payable Notes payable $1,000 Interest payable Deferred sales revenue 2,500 Common stock 67,000 Retained earnings 31,000 Dividends 5,000 Sales revenue 151,000 Interest revenue Cost of goods sold 75,000 Salaries expense 19,000 at expense 11,500 Depreciation expense Supplies expense 1,000 Help
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