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Test 1 Question 1 of 3 -135 1 Fox Enterprises is owned by Edmund Fox and has a January 31 fiscal year end. The

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Test 1 Question 1 of 3 -135 1 Fox Enterprises is owned by Edmund Fox and has a January 31 fiscal year end. The company prepares adjusting entries on an annual basis. The following trial balance was prepared before adjustments FOX ENTERPRISES Trial Balance January 31, 2021 Debit Credit Cash $5,090 Accounts Receivable 14.550 Prepaid Insurance 3,840 Supplies 6.490 32,450 Equipment Accumulated Depreciation-Equipment $12.980 7,750 Accounts Payable Notes Payable 12.000 7330 SHOW TIMER 05:30 PM 20C ENG

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