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Vaughn Advertising was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. VAUGHN ADVERTISING TRIAL BALANCE

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Vaughn Advertising was founded in January 2013. Presented below are adjusted and unadjusted trial balances as of December 31, 2020. VAUGHN ADVERTISING TRIAL BALANCE DECEMBER 31, 2020 Unadjusted Adjusted Dr. Cr. Dr. Cr. Cash $16,520 $16,520 Accounts Receivable 22,700 25,747 Supplies 9,280 4,155 Prepaid Insurance 4,070 3,224 Equipment 65,800 65,800 Accumulated Depreciation-Equipment $25,320 $30,660 Accounts Payable 27,916 27,916 Interest Payable -0- 156 Notes Payable 5,200 5,200 Unearned Service Revenue 6,720 5,281

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