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Project 1: Part 3 3. Prepare an unadjusted trial balance using the T-Account balan January 31 Account Title Debit Credit Cash $ 11,108 Accounts Receivable 5,595 Supplies Prepaid Insurance Prepaid Rent Equipment 6,780 3,150 38,400 Accumulated Depreciation-Equipment Accounts Payable Unearned Revenue Notes Payable Wages Payable Interest Payable Contributed Capital Retained Earnings Service Revenue Wages Expenses Supplies Expenses Depreciation Expense 25,000 1.150 23,000 460 2.300 Interest Expense Utilities Expense 725 S 68,058 S50.485 pe here to search I need help! My numbers still don’t add up
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Answer #1
FAST DELIVERIES, INC.
Unadjusted Trial Balance
January 31
Account Title Debit Credit
Cash 11108
Accounts receivable 5595
Supplies 1250
Prepaid insurance 6780
Prepaid rent 3150
Equipment 38400
Accumulated depreciation-equipment 0
Accounts payable 923
Unearned revenue 2750
Notes payable 25000
Wages payable 0
Interest payable 0
Contributed capital 23000
Retained earnings 460
Service revenue 15300
Wages expense 1150
Supplies expense 0
Depreciation expense 0
Interest expense 0
Utilities expense 0
Totals 67433 67433

Note: The Jan. 7 transaction of $455 has not been posted to the Accounts Receivable T-account.

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