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Take me to the text Glent Company prepared the following adjusted trial balance at its year-end of August 31, 2019. The company is owned
Take me to the text Glent Company prepared the following adjusted trial balance at its year-end of August 31, 2019. The company is owned by Bruce Glent. Glent Company Trial Balance August 31, 2019. Account Titles: DR $14,600 $5,800 CR HP Cash Accounts Receivable Merchandise Inventory $6,200 Prepaid Expenses $2,400 Store Equipment $39,900 Accumulated Depreciation-Equipment $2,800 Accounts Payable $6,600 Unearned Revenue $5,600 Bank Loan Glent, Capital $9,000 $41,520 Glent, Withdrawals $1,200 Sales Revenue $51,780 Gain on Sale of Equipment $4,800 Cost of Goods Sold $18,200 Advertising Expense $1,400 Depreciation Expense-Equipment $2,800 Interest Expense $600 Office Salaries Expense $4,100 Rent Expense-Retail Space $10,700 $5,900 $8,300 Rent Expense-Office Space Sales Salaries Expense Total $122,100 $122,100 Notes: Assume the balance of owner's equity is the opening balance. The bank loan is payable over 10 years in equal annual installments. Danuired
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