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Question - York Yammers has finished its journal entries and adjusting entries for the month of February 2020. The adjusted trial balance is shown below.
Account Titles DR CR
Cash $8,750
Accounts Receivable $8,000
Prepaid Insurance $1,070
Equipment $63,860
Accumulated Depreciation-Equipment $1,330
Accounts Payable $9,810
Interest Payable $80
Unearned Revenue $5,350
Bank Loan $15,380
Contributed Capital $39,640
Retained Earnings $10,000
Dividends $1,680
Service Revenue $5,330
Advertising Expense $240
Depreciation Expense $430
Insurance Expense $470
Interest Expense $440
Rent Expense $1,980
Total $86,920 $86,920
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