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Student Co. Adjusted Trial Balance June 30, 2021 Debit Balances Credit Balances Cash Accounts Receivable Supplies Prepaid Insurance Land 364 6,400 3,600 3,900 20,000

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Student Co. Adjusted Trial Balance June 30, 2021 Debit Balances Credit Balances Cash Accounts Receivable Supplies Prepaid Insurance Land 364 6,400 3,600 3,900 20,000 Equipment 232,600 Accumulated Depreciation 132,700 Accounts Payable 364 Bond Payable Mortgage Payable Unearned Rent 1,400 20,000 1,100 Sara Bissbi, Capital 105,600 Sara Bissbi, Drawing 213 Fees earned 232,200 Interest Revenue Wages Expense Rent Expense 213 126,300 45,000 Utilities Expense 19,700 Supplies Expense 17,900 Depreciation Expense 6,500 Insurance Expense 5,700 Miscellaneous Expense 5,400 Instructions: 1. Prepare an income statement for the year ended June 30. 2. Prepare statement of owner's equity for the year ended June 30. Additional investments were made during the year, 15,600. 3. Prepare a balance sheet as of June 30. 4. Prepare closing entries (and posting) 5. Prepare post-closing trial balance.

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