The adjusted trial balance for Novak Design Company at December 31, 2024, which is the end of its fiscal year, is as follows: Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned revenue H. Novak, capital H. Novak, drawings Service revenue Salaries expense Supplies expense Rent expense NOVAK DESIGN COMPANY Adjusted Trial Balance December 31, 2024 Insurance expense Depreciation expense Totals Debit $10,000 11,600 2.240 3,840 17,280 6,560 16,800 1,440 11,520 2,320 2,800 $86,400 Credit $5,760 6,640 2,080 1,360 15,360 55,200 $86,400

The adjusted trial balance for Novak Design Company at December 31, 2024, which is the end of its fiscal year, is as follows: Cash Accounts receivable Supplies Prepaid insurance Equipment Accumulated depreciation-equipment Accounts payable Salaries payable Unearned revenue H. Novak, capital H. Novak, drawings Service revenue Salaries expense Supplies expense Rent expense NOVAK DESIGN COMPANY Adjusted Trial Balance December 31, 2024 Insurance expense Depreciation expense Totals Debit $10,000 11,600 2.240 3,840 17,280 6,560 16,800 1,440 11,520 2,320 2,800 $86,400 Credit $5,760 6,640 2,080 1,360 15,360 55,200 $86,400

Name: Please create the same chartDo not give answer in image The adjusted t
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Description: Please create the same chartDo not give answer in image The adjusted trial balance for Novak Design Company at December 31, 2024, which is the end of its fiscal year, is as follows:CashAccounts receivableSuppliesPrepaid insuranceEquipmentAccumulated

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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