Yanik Financial Services Ltd. reports the following adjusted trial balance at August 31, 2021: YANIK FINANCIAL SERVICES LTD. Adjusted Trial Balance August 31, 2021 Debit Credit Cash $11,430 Accounts receivable 18,300 Supplies 3,200 Prepaid insurance 3,400 Equipment 26,600 Accumulated depreciation-equipment $5,905 Accounts payable 2.750 Salaries payable 2,700 Interest payable 1,540 Rent payable 1,300 Income tax payable 1,400 Deferred revenue 600 Bank loan payable, 2024 25,600 Common shares 6,000 Retained earnings 5,200 Dividends declared 400 Service revenue 52,535 Salaries expense 19,200 Rent expense 13,955 Depreciation expense 2.295 Supplies expense 1,890 Interest expense 1,540 Insurance expense 1,160 Income tax expense 2,160 Total $105,530 $105,530 During the year, the company issued common shares for $1,000.