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MORRISON SERVICES LTD. Adjusted Trial Balance August 31, 2021 CashAccountsreceivableSuppliesPrepaidinsuranceEquipmentAccumulateddepreciation-equipmentAccountspayableSalariespayableInterestpayableRentpayableIncometaxpayableDebit$11,47018,3753,3003,45026,700500Credit2,9001,50001,500 Deferred revenue 500 Bank loan...

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MORRISON SERVICES LTD. Adjusted Trial Balance August 31, 2021 CashAccountsreceivableSuppliesPrepaidinsuranceEquipmentAccumulateddepreciation-equipmentAccountspayableSalariespayableInterestpayableRentpayableIncometaxpayableDebit$11,47018,3753,3003,45026,700500Credit2,9001,50001,500 Deferred revenue 500 Bank loan payable, 2024 23,700 Common shares 5,400 Retained earnings 5,400 Dividends declared 600 Service revenue 55,305 Salaries expense Rent expense Depreciation expense 2,375 Supplies expense 1,930 Interest expense 1,520 Insurance expense 1,300 Income tax expense Total 2,120 $105,530 $105,530 MORRISON SERVICES LTD Statement of Income For the year ended August 31, 2021 $

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