Reference no: EM132843718

Hagadorn Company has the following adjusted accounts and balances at year-end (June 30):

Problem 1: Prepare a adjusted trial balance in good form for the Hagadorn Company at June 30.

Accounts Payable $ 140

Interest Expense $ 70

Accounts Receivable 430

Interest Income 35

Accrued Expenses Payable 140

Inventories 740

Accumulated Depreciation 150

Land 370

Additional Paid-in Capital 248

Long-Term Debt 1,430

Buildings and Equipment 1,500

Prepaid Expenses 50

Cash 365

Salaries Expense 780

Common Stock 62

Sales Revenue 2,390

Cost of Sales 800

Rent Expense 500

Depreciation Expense 340

Retained Earnings 1,485

Income Taxes Expense 255

Unearned Fees 80

Income Taxes Payable 40