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The adjusted trial balance for PI Detectives reported the following account balances: Accounts Receivable $540; Supplies $9,400; Prepaid Insurance $7,600; Equipment $30,000; Accumulated DepreciationEquipment $4,400;
The adjusted trial balance for PI Detectives reported the following account balances:
Accounts Receivable $540;
Supplies $9,400;
Prepaid Insurance $7,600;
Equipment $30,000;
Accumulated DepreciationEquipment $4,400;
Accounts Payable $240;
Unearned Revenue $5,400;
Notes Payable $3,400;
Common Stock $24,000;
Retained Earnings $6,100;
Dividends $3,400;
Service Revenue $35,800;
Salaries and Wages Expense $22,000;
Depreciation Expense $1,200.
Prepare an adjusted trial balance as of December 31, and solve for its missing Cash balance.
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