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Take me to the text Feather Light Travelling Trains has completed all of its journal entries and adjusting entries for the month of January
Take me to the text Feather Light Travelling Trains has completed all of its journal entries and adjusting entries for the month of January 2019. The adjusted trial balance is shown below. Note: during the month of January, the owner of Feather Light Travelling Trains invested $6,940 into the business. Feather Light Travelling Trains Adjusted Trial Balance January 31, 2019 Account Titles DR CR Cash Accounts Receivable $ 8,480 $7,110 Prepaid Insurance $1,260 Equipment $64,430 Accumulated Depreciation-Equipment $1,880 Accounts Payable $9,800 Interest Payable $130 Unearned Revenue $6,000 Bank Loan $ 15,270 Murray, Capital $ 47,600 Murray, Withdrawals $1,760 Service Revenue $5,740 Advertising Expense $230 Depreciation Expense $220 Insurance Expense $450 Interest Expense $310 Rent Expense $ 2,170 Total $ 86,420 $ 86,420
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