Reference no: EM132643261

Macro Company has the following adjusted accounts and balances at June 30:

Accounts Payable $340

Accounts Receivable 590

Accumulated Amortization 170

Accumulated Depreciation 290

Cash 1,060

Common Stock 340

Deferred Revenue 120

Depreciation Expense 130

Equipment 1,440

Income Tax Expense 130

Income Tax Payable 40

Interest Expense 200

Interest Revenue 60

Notes Payable (long-term) 1,340

Office Expenses 860

Prepaid Rent 50

Rent Expense 440

Retained Earnings 140

Salaries and Wages Expense 700

Sales Revenue 3,730

Software 220

Supplies 750

Required:

Problem 1: Demonstrate how to prepare an adjusted trial balance for Macro Company at June 30.