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Account Title Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Miscellaneous Expense Adjusted Trial Balance December 31, 2022 Debit $58,300 $27,750 $3,500 $25,000 $16,500 $24,000 $128,350 $6,900 $290,300 Credit $14,300 $6,100 $26,000 $32,050 $211,850 $290,300

Account Title Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Miscellaneous Expense Adjusted Trial Balance December 31, 2022 Debit $58,300 $27,750 $3,500 $25,000 $16,500 $24,000 $128,350 $6,900 $290,300 Credit $14,300 $6,100 $26,000 $32,050 $211,850 $290,300

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Create a Balence Sheet with the following information 

| Account Title Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Miscellaneous Expense Adjusted Trial Balance December 31, 2022 Debit $58,300 $27,750 $3,500 $25,000 $16,500 $24,000 $128,350 $6,900 $290,300 Credit $14,300 $6,100 $26,000 $32,050 $211,850 $290,300
Transcribed Image Text:| Account Title Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Insurance Expense Salaries Expense Miscellaneous Expense Adjusted Trial Balance December 31, 2022 Debit $58,300 $27,750 $3,500 $25,000 $16,500 $24,000 $128,350 $6,900 $290,300 Credit $14,300 $6,100 $26,000 $32,050 $211,850 $290,300
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