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The following accounts were taken from Q9Ev-8c Company's unadjusted trial balance at December 31, 2029: Accounts payable Accounts receivable Advertising expense Cash Common stock Cost
The following accounts were taken from Q9Ev-8c Company's unadjusted trial balance at December 31, 2029: Accounts payable Accounts receivable Advertising expense Cash Common stock Cost of goods sold Equipment Income tax expense Interest revenue Inventory Land Notes payable Prepaid insurance Retained earnings Sales revenue Trademark Unearned revenue $48,000 $33,000 $21,000 $19,000 $62,000 $43,000 $48,000 $15,000 $38,000 $69,000 $81,000 $74,000 $36,000 $41,000 (at January 1, 2029) $87,000 $25,000 $40,000 Q9Ev-8c Company has not yet recorded adjusting entries related to the following four items: (1) The prepaid insurance in the unadjusted trial balance relates to a two-year insurance policy purchased on February 1, 2029. (2) Salaries earned by employees which have not yet been paid by Q9Ev-8c Company totaled $12,000. (3) The note payable listed above was a bank loan taken out on June 1, 2029. It is a 10-month, 15% loan. (4) The unearned revenue above elates to a $40,000 payment rom a customer received on September 1, 2029 for services to be performed each month for the next sixteen months. Calculate the total assets reported in Q9Ev-8c Company's balance sheet at December 31, 2029 after the appropriate adjusting entries have been recorded and posted
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