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Required information [The following information applies to the questions displayed below.] The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is
Required information [The following information applies to the questions displayed below.] The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Debit $ 10,900 Credit 139,000 4,900 24,500 290,000 $124,000 10,900 9,900 3,900 Notes Payable (due in two years) 29,000 Common Stock 190,000 Retained Earnings 49,000 Service Revenue 390,000 Salaries Expense 290,000 Rent Expense 14,500 Depreciation Expense 29,000 Interest Expense 3,900 Totals $806,700 $806,700
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