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The unadjusted trial balance and adjustment data for Crane Cyde Repair Shop are provided CRANE CYCLE REPAIR SHOP Trial Balance January 31, 2021 Debit Credit
The unadjusted trial balance and adjustment data for Crane Cyde Repair Shop are provided CRANE CYCLE REPAIR SHOP Trial Balance January 31, 2021 Debit Credit Cash $3,600 Accounts receivable 7.130 Prepaid insurance 6,420 Supplies 5.240 Land 53,000 Building 190.000 Accumulated depreciation-building $11,000 Equipment 27.000 Accumulated depreciation-equipment 4.500 Accounts payable 6,600 Unearned revenue 22.450 Mortgage payable 182.400 H. Dude, capital 61.000 H.Dude. drawings 98.100 Service revenue 235.850 Salaries expense 115.500 Uttles expense 12.000 Interest expense 5.810 S523 800 S523 800 Additional formation 1 The 12-month insurance policy was purchased onun 1 2020 A physical contesto 5:30 onhandon dana 31-21 Additional information: 1. The 12-month insurance policy was purchased on June 1. 2020. 2. A physical count of supplies shows $1.310 on hand on January 31, 2021 B. The building has an estimated useful life of 50 years. The equipment has an estimated useful life of 9 years. 4. The mortgage payable has a 6% interest rate. Interest is paid on the first day of each month for the previous month'sinterest By January 31, 2021. $1.300 of services related to the unearned revenue have been provided. - During the next fiscal year. $4500 of the mortgage payable is to be paid, OOOTT
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