Nash Company has the following adjusted accounts and balances at year-end (June 30): Accounts payable Accounts receivable Accrued expenses payable Accumulated depreciation Additional paid-in capital Buildings and equipment Cash Common stock Cost of sales Depreciation expense Income taxes expense Income taxes payable. $170 450 160 220 216 1,420 215 54 820 320 165 40 Interest expense Interest income Inventories Land Long-term debt Prepaid expenses Rent expense Retained earnings Salaries expense Sales revenue Unearned fees. Prepare an adjusted trial balance for the Nash Company at June 30. $160 20 720 490 1,280 40 650 1,825 810 2,220 55

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Nash Company has the following adjusted accounts and balances at year-end (June 30):
Accounts payable
Accounts receivable.
Accrued expenses payable
Accumulated depreciation
Additional paid-in capital
Buildings and equipment
Cash
Common stock
Cost of sales.
Depreciation expense
Income taxes expense
Income taxes payable.
$170
450
160
220
216
1,420
215
54
820
320
165
40
Interest expense
Interest income
Inventories
NASH COMPANY
Adjusted Trial Balance
At June 30
Landi
Long-term debt
Prepaid expenses
Rent expense
Retained earnings
Salaries expense
Sales revenue
Unearned fees
Prepare an adjusted trial balance for the Nash Company at June 30.
Debit
Credit
$160
20
720
490
1,280
40
650
1,825
810
2,220
55
Transcribed Image Text:Nash Company has the following adjusted accounts and balances at year-end (June 30): Accounts payable Accounts receivable. Accrued expenses payable Accumulated depreciation Additional paid-in capital Buildings and equipment Cash Common stock Cost of sales. Depreciation expense Income taxes expense Income taxes payable. $170 450 160 220 216 1,420 215 54 820 320 165 40 Interest expense Interest income Inventories NASH COMPANY Adjusted Trial Balance At June 30 Landi Long-term debt Prepaid expenses Rent expense Retained earnings Salaries expense Sales revenue Unearned fees Prepare an adjusted trial balance for the Nash Company at June 30. Debit Credit $160 20 720 490 1,280 40 650 1,825 810 2,220 55
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