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Prepare the Adjusted Trial balance. Unadjusted Trial Balance 12/31/2021 Cash Accounts Receivable \begin{tabular}{ll}...

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Accounting

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Prepare the Adjusted Trial balance.

Unadjusted Trial Balance 12/31/2021 Cash Accounts Receivable \begin{tabular}{ll} & Debit \\ \hline$ & 9,155,000 \\ $ & 1,040,000 \end{tabular} Allowance for Doubtful Accounts Prepaid Insurance Inventory $30,000 $12,500 Packaging $$1,322,00075,000 Equipment $5,150,000 Accumulated Depreciation - Equipment $2,925,000 Building $900,000 Accumulated Depreciation - Building \begin{tabular}{rr} $ & 232,500 \\ \hline$ & 1,000,000 \\ $ & 965,000 \end{tabular} Land Brand Goodwill Accounts Payable Salaries Payable Mortgage Payable Long-Term Debt Common Stock - Par Preferred Stock APIC Retained Earnings Sales Revenue COGS Salary Expense $2,728,000 $375,000 Other Income $1,440,000 \begin{tabular}{cc} $ & 40,000 \\ \hline$24,037,500 \\ \hline \end{tabular} Before adjustments Net income $3,592,000 Adjustments

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