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The adjusted trial balance for Ivanhoes Animations is presented below. ...

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Accounting

The adjusted trial balance for Ivanhoes Animations is presented below.

IVANHOE COMPANY Adjusted Trial Balance December 31, 2021

Debit

Credit

Cash

 $3,300

Accounts receivable

 4,300

Prepaid expenses

 2,300

Equipment

 48,000

Accumulated depreciationequipment

 $18,000

Accounts payable

 6,000

Unearned revenue

 10,100

M. Ivanhoe, capital

 18,400

M. Ivanhoe, drawings

 19,000

Service revenue

 63,400

Rent expense

 8,300

Salaries expense

 22,600

Supplies expense

 2,100

Depreciation expense

 6,000
$115,900

$115,900

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IVANHOE COMPANY Statement of Owner's Equity $ IVANHOE COMPANY Balance Sheet Assets $ > S Liabilities and Owner's Equity $ $

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