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The March 3 1 , 2 0 2 3 , adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order.
The March adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order. Debit Credit Accounts payable $ Accounts receivable $ Accumulated depreciation, equipment Accumulated depreciation, truck Cash Depreciation expense Equipment Franchise Gas and oil expense Interest expense Interest payable Land not currently used in business operations Longterm notes payable Notes payable, due February Notes receivable Intangible asset Prepaid rent Rent expense Repair revenue Repair supplies Repair supplies expense Truck Unearned repair revenue Vic Sopik, capital Vic Sopik, withdrawals Totals $ $ $ of the longterm note payable is due during the year ended March $ of the notes receivable will be collected by March Calculate each of the following:
The March adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order.
Debit Credit
Accounts payable $
Accounts receivable $
Accumulated depreciation, equipment
Accumulated depreciation, truck
Cash
Depreciation expense
Equipment
Franchise
Gas and oil expense
Interest expense
Interest payable
Land not currently used in business operations
Longterm notes payable
Notes payable, due February
Notes receivable
Intangible asset
Prepaid rent
Rent expense
Repair revenue
Repair supplies
Repair supplies expense
Truck
Unearned repair revenue
Vic Sopik, capital
Vic Sopik, withdrawals
Totals $ $
$ of the longterm note payable is due during the year ended March
$ of the notes receivable will be collected by March
Calculate each of the following:
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