DeVita Company has the following adjusted accounts and balances at year-end (June 30, 2003): Required: Prepare an
Question:
DeVita Company has the following adjusted accounts and balances at year-end (June 30, 2003):
Required:
Prepare an adjusted trial balance in good form for the DeVita Company at June 30, 2003.
Transcribed Image Text:
Accounts payable 200 Contributed capital 300 Accounts receivable 350 Cost of sales 820 Long-term debt Prepaid expenses 1,300 40 Accrued expenses Depreciation expense 110 Salaries expense 660 payable 150 Income taxes expense 110 Sales revenue 2,400 Accumulated Income taxes payable 30 Rent expense 400 depreciation 250 Interest expense 80 Retained earnings 120 Buildings and equipment Interest income 50 Unearned fees 100 1,400 Inventories 610 Cash 120 Land 200
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