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Using the Adjusted Trial Balance, calculate the total assets, liabilities, common stock, dividends, revenues, and expenses. Enter those amounts in the expanded accounting equation. SMART
Using the Adjusted Trial Balance, calculate the total assets, liabilities, common stock, dividends, revenues, and expenses. Enter those amounts in the expanded accounting equation.
SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Account Title Debit Credit Cash 17,300 Accounts Receivable 9,500 Office Supplies 200 Prepaid Rent 11,500 Furniture 20,100 Accumulated Depreciation--Furniture 6,900 Accounts Payable 2,300 Salaries Payable 500 Interest Payable 300 Unearned Revenue 5,700 Notes Payable 8,000 Common Stock 63,600 Dividends 29,300 Service Revenue 11,500 Depreciation Expense--Furniture 2,300 Interest Expense 300 Rent Expense 3,400 Salaries Expense 4,000 Supplies Expense 900 Total 98,800 98,800 Assets Liabilities Common Stock Dividends Revenues Expenses
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