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The adjusted trial balance for Ivanhoes Animations is presented below. IVANHOE COMPANY Adjusted Trial Balance December 31, 2021 Debit Credit Cash $3,300 Accounts receivable 4,300
The adjusted trial balance for Ivanhoes Animations is presented below.
IVANHOE COMPANY Adjusted Trial Balance December 31, 2021 | |||
---|---|---|---|
Debit | Credit | ||
Cash | $3,300 | ||
Accounts receivable | 4,300 | ||
Prepaid expenses | 2,300 | ||
Equipment | 48,000 | ||
Accumulated depreciationequipment | $18,000 | ||
Accounts payable | 6,000 | ||
Unearned revenue | 10,100 | ||
M. Ivanhoe, capital | 18,400 | ||
M. Ivanhoe, drawings | 19,000 | ||
Service revenue | 63,400 | ||
Rent expense | 8,300 | ||
Salaries expense | 22,600 | ||
Supplies expense | 2,100 | ||
Depreciation expense | 6,000 | ||
$115,900 | $115,900 |
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