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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

image text in transcribedimage text in transcribed

IVANHOE COMPANY Statement of Owner's Equity $ IVANHOE COMPANY Balance Sheet Assets $ > S Liabilities and Owner's Equity $ $

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