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An alphabetical list of Carla Vista Company adjusted accounts at its fiscal year end, August...

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Accounting

An alphabetical list of Carla Vista Company adjusted accounts at its fiscal year end, August 31,2024, follows. All accounts have normal balances.
Accounts payable
$15,510
Notes payable
$42,000
Accumulated depreciation-equipment
14,000
Prepaid insurance
575
Accumulated depreciation-furniture
17.500
R. Moore, capital
65,750
Cash
28,670
R. Moore, drawings
76,000
Cost of goods sold
269,040
Rent expense
24,200
Depreciation expense
7,060
Salaries expense
50,200
Equipment
35,000
Salaries payable
2,250
Furniture
42,000
Sales
474,000
Insurance expense
3,575
Sales returns and allowances
18,000
Interest expense
2,120
Supplies
950
Interest payable
555
Supplies expense
6,325
Merchandise inventory
70,450
Unearned revenue
2,600
Additional information:
1. Of the notes payable, $6,400 becomes due on February 17,2025. The balance is due in 2026.
2. On July 18,2024, R. Moore invested $4,300 cash in the business.

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