The adjusted trial balance amounts at june

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1. Skolnick Co. was organized on April 1, 2010.The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below.

Debits

Credits

Cash

$ 6,700

Accumulated Depreciation-

$ 850

Accounts Receivable

600

Equipment


Prepaid Rent

900

Notes Payable

5,000

Supplies

1,000

Accounts Payable

1,510

Equipment

15,000

Salaries Payable

400

Bob Skolnick, Drawing

600

Interest Payable

50

Salaries Expense

9,400

Unearned Rent

500

Rent Expense

1,500

Bob Skolnick, Capital

14,000

Depreciation Expense

850

Commission Revenue

14,200

Supplies Expense

200

Rent Revenue

800

Utilities Expense

510



Interest Expense

50



Total debits

$37,310

Total credits

$37,310

 

Reference no: EM13555592

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