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The December 31, 2024, adjusted trial balance for Kline Enterprises was as follows Account Title Accounts payable Accounts receivable Accumulated depreciation Common stock Cash

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The December 31, 2024, adjusted trial balance for Kline Enterprises was as follows Account Title Accounts payable Accounts receivable Accumulated depreciation Common stock Cash Cost of goods sold Debit Credit $ 90,000 $170,000 26,000 480,000 260,000 490,000 Depreciation expense 60,000 Equipment 700,000 Interest expense 4,000 R Inventory 150,000 Note payable (due in six months) 60,000 Rent expense 30,000 Retained earnings 62,000 Salaries pavable 8.000

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