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The March 31, 2020, adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order. Debit Credit Accounts payable $ 30,100
The March 31, 2020, adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order. Debit Credit Accounts payable $ 30,100 Accounts receivable Accumulated depreciation, equipment $ 47,100 Accumulated depreciation, truck 8,100 20,100 Cash Depreciation expense 13,500 2,900 Equipment 18,100 Franchise 20,100 Gas and oil expense 6,600 Interest expense 360 Interest payable 660 Land not currently used in business operations 139,000 Long-term notes payable1 33,200 Notes payable, due February 1, 2021 6,100 Notes receivable2 4,200 Intangible asset 6,100 Prepaid rent 13,100 Rent expense 50, 100 Repair revenue 257,000 Repair supplies 12,200 Repair supplies expense 28, 100 Truck 25, 100 Unearned repair revenue 11,700 Vic Sopik, capital 67,700 Vic Sopik, withdrawals 48, 100 Totals $434,660 $434,660 1... The March 31, 2020, adjusted trial balance for Amusement Park Repair is shown below with accounts in alphabetical order. Debit Credit Accounts payable $ 30,100 Accounts receivable Accumulated depreciation, equipment $ 47,100 Accumulated depreciation, truck 8,100 20,100 Cash Depreciation expense 13,500 2,900 Equipment 18,100 Franchise 20,100 Gas and oil expense 6,600 Interest expense 360 Interest payable 660 Land not currently used in business operations 139,000 Long-term notes payable1 33,200 Notes payable, due February 1, 2021 6,100 Notes receivable2 4,200 Intangible asset 6,100 Prepaid rent 13,100 Rent expense 50, 100 Repair revenue 257,000 Repair supplies 12,200 Repair supplies expense 28, 100 Truck 25, 100 Unearned repair revenue 11,700 Vic Sopik, capital 67,700 Vic Sopik, withdrawals 48, 100 Totals $434,660 $434,660 1
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