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The Sky Blue Corporation has the following adjusted trial balance at December 31 Debit s 1,300 2,700 3,000 3,700 15,500 Credit Cash Accounts Receivable Prepaid

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The Sky Blue Corporation has the following adjusted trial balance at December 31 Debit s 1,300 2,700 3,000 3,700 15,500 Credit Cash Accounts Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable Income Taxes Payable Deferred Revenue Common Stock Retained Earnings Dividends Sales Revenue Rent Revenue Salaries and Wages Expense Depreciation Expense Utilities Dxpense InsuranceExpense Rent Expense Income Tax Expense $4,000 6,120 1,350 3,600 740 3,100 1,280 370 48,330 370 23,000 2,000 4,920 2,100 6,700 3,600- Total $68,890 $68,890

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