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The following balances were drawn from the accounts of Carter Company. The accounts and balances shown here are presented in random order: Equipment-$14,000; Cash-$25,000;
The following balances were drawn from the accounts of Carter Company. The accounts and balances shown here are presented in random order: Equipment-$14,000; Cash-$25,000; Depreciation Expense-$7,000. Notes Payable $22,000; Common Stock- $41,000; Accumulated Depreciation-$7,000: Interest Expense-$1.000; Cost of Goods Sold-$32,000: Retained Earnings-$12,000, Allowance for Doubtful Accounts-$2.000, Merchandise Inventory-$19,000; Interest Payable-$1,000: Sales Revenue-$52.000 Uncollectible Accounts Expense-$2,000; and Accounts Receivable-$37,000. Required Prepare an adjusted trial balance. CARTER COMPANY Trial Balance Account Titles Debit Credit
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