Question
The December 31, 2024, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Cash Accounts receivable Prepaid rent Inventory Office
The December 31, 2024, adjusted trial balance for the Blueboy Cheese Corporation is presented below. Account Title Cash Accounts receivable Prepaid rent Inventory Office equipment Accumulated depreciation Accounts payable Notes payable (due in six months) Salaries payable Interest payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense Totals Debits $ 14,600 Credits 345,000 14,500 54,000 640,000 $ 266,000 78,000 72,000 7,800 2,400 400,000 165,000 780,000 468,000 117,000 43,500 64,000 4,800 5,800 $ 1,771,200 $ 1,771,200
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