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The adjusted trial balance for Laurel Developments as of March 31, 2025, is as follows. Debit Credit Cash $ 56,000 Accounts Receivable 177,000 Prepaid Insurance

The adjusted trial balance for Laurel Developments as of March 31, 2025, is as follows. Debit Credit Cash $ 56,000 Accounts Receivable 177,000 Prepaid Insurance 5,000 Equipment 401,000 Accumulated DepreciationEquipment $ 120,000 Accounts Payable 32,000 Unearned Service Revenue 5,000 Salaries and Wages Payable 11,000 Common Stock 103,000 Retained Earnings 88,000 Dividends 21,000 Service Revenue 956,000 Interest Revenue 19,000 Depreciation Expense 50,000 Salaries and Wages Expense 561,000 Utilities Expense 9,000

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