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Sunland Co. was organized on July 1, 2022. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are
Sunland Co. was organized on July 1, 2022. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown below. SUNLAND CO. Trial Balance September 30, 2022 Unadjusted Adjusted Dr. Cr. Dr. Cr. Cash $8,800 $8,800 Accounts Receivable 10,500 11,400 Supplies 1,450 600 Prepaid Rent 2.150 1.150 Equipment 18,300 18,300
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