Respuesta :
Answer:
Hagadorn Company
Adjusted trial balance as at June 30
Debit Credit
Accounts Payable $ 150
Interest Expense $ 105
Accounts Receivable $520
Interest Income $40
Accrued Expenses Payable $140
Inventories $770
Accumulated Depreciation $130
Land $410
Long-Term Debt $1,280
Buildings and Equipment $1,420
Prepaid Expenses $60
Cash $205
Salaries Expense $720
Common Stock (64 + 256) $320
Sales Revenue $2,390
Cost of Sales $800
Rent Expense $580
Depreciation Expense $230
Retained Earnings $1,570
Income Taxes Expense $305
Unearned Fees $75
Income Taxes Payable $30
Totals $6,145 $6,145
Explanation:
A trial balance is a list of balances (debits and credits) extracted from ledger accounts that is used to prepare financial statements.