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The adjusted trial balance for Sandhill Company is given below. It is December 31, the end of Sandhil's fiscal year. The accounting staff is now
The adjusted trial balance for Sandhill Company is given below. It is December 31, the end of Sandhil's fiscal year. The accounting staff is now ready to close the books for the year. SANDHILL COMPANY Adjusted Trial Balance December 31, 2024 Cash $11,250 Accounts Receivable 8,880 1.200 2.750 16,100 Supplies Prepaid Insurance Equipment Accumulated Depreciation - Equipment Accounts Payable Salaries & Wages Payable Uneamed Rent Revenue 4,823 5,870 1,050 1.230 16,790 5,330 2,830 33,760 14,060 Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Salaries & Wages Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Totals 17.350 1710 18,313 1.330 1.200 $82.913 582.913 1,330 Insurance Expense Depreciation Expense Totals 1.200 $82,913 $82.913 The balance in the Retained Earnings account on the Post-closing Trial Balance will be 57911 513.30 510417
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