Riverhawk Company, which is a service company, keeps its records without the help of an accountant....

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Riverhawk Company, which is a service company, keeps its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trial balance as of the end of the annual accounting period on December 31: Cash Accounts receivable Riverhawk, Inc. Unadjusted Trial Balance for the Year Ended December 31 Debit Credit 47,400 12,000 600 650 16,700 7,700 9,160 2,280 Supplies Prepaid insurance Service trucks Accumulated depreciation Other assets Accounts payable Wages payable Income taxes payable Notes payable, long-term 11,000 Common stock (5,100 shares outstanding) Additional paid-in capital 1,926 17,334 Retained earnings 5,400 Service revenue 90,380 Wages expense 16,200 Remaining expenses (not detailed; excludes income tax) 33,310 Income tax expense Totals 136,020 136,020 Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $180 in remaining supplies on hand to be used in the next year. b. Insurance expired during the current year, $650. c. Depreciation expense for the current year, $3,900. d. Wages earned by employees not yet paid on December 31, $610. e. Income tax expense, $5,480. Riverhawk Company, which is a service company, keeps its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trial balance as of the end of the annual accounting period on December 31: Cash Accounts receivable Riverhawk, Inc. Unadjusted Trial Balance for the Year Ended December 31 Debit Credit 47,400 12,000 600 650 16,700 7,700 9,160 2,280 Supplies Prepaid insurance Service trucks Accumulated depreciation Other assets Accounts payable Wages payable Income taxes payable Notes payable, long-term 11,000 Common stock (5,100 shares outstanding) Additional paid-in capital 1,926 17,334 Retained earnings 5,400 Service revenue 90,380 Wages expense 16,200 Remaining expenses (not detailed; excludes income tax) 33,310 Income tax expense Totals 136,020 136,020 Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $180 in remaining supplies on hand to be used in the next year. b. Insurance expired during the current year, $650. c. Depreciation expense for the current year, $3,900. d. Wages earned by employees not yet paid on December 31, $610. e. Income tax expense, $5,480.