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trial balances as at December 31, 2020. Marin Inc. Trial Balance December 31, 2020 Unadjusted Adjusted Dr. Cr. Dr. Cr. Cash $11,220 $11,220 Accounts receivable

trial balances as at December 31, 2020.

Marin Inc. Trial Balance December 31, 2020

Unadjusted

Adjusted

Dr.

Cr.

Dr.

Cr.

Cash

$11,220

$11,220

Accounts receivable

20,400

23,970

Supplies

8,570

3,060

Prepaid insurance

3,420

2,550

Equipment

61,200

61,200

Accumulated depreciationequipment

$28,560

$33,660

Accounts payable

5,100

5,100

Interest payable

0

150

Notes payable

5,000

5,000

Unearned revenue

7,140

5,710

Salaries and wages payable

0

1,330

Common shares

10,200

10,200

Retained earnings

3,680

3,680

Service revenue

59,770

64,770

Salaries and wages expense

10,200

11,530

Insurance expense

870

Interest expense

360

510

Depreciation expense

5,100

Supplies expense

5,510

Rent expense

4,080

4,080

$119,450

$119,450

$129,600

$129,600

Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

MARIN INC. Income Statement December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020

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