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Wild River Rafting provides guided tours of the Rattlesnake River. Most of the company's business activity occurs during the summer season, so the company ends
Wild River Rafting provides guided tours of the Rattlesnake River. Most of the company's business activity occurs during the summer season, so the company ends its fiscal year on August 31. Below is the unadjusted trial balance for the year. It is followed by information about necessary adjusting entries. WILD RIVER RAFTING CORPORATION Trial Balance August 31, 20X5 Debits Credits Cash $20,700 $- Prepaid license 10,000
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