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  3. nash company has the following adjusted accounts a

Nash Company has the following adjusted accounts and balances at year-end (June 30): ...

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Accounting

Nash Company has the following adjusted accounts and balances at year-end (June 30):

Accounts payable $180 Interest expense $140
Accounts receivable 450 Interest income 10
Accrued expenses payable 120 Inventories 860
Accumulated depreciation 250 Land 360
Additional paid-in capital 192 Long-term debt 1,280
Buildings and equipment 1,600 Prepaid expenses 60
Cash 365 Rent expense 550
Common stock 48 Retained earnings 2,085
Cost of sales 810 Salaries expense 830
Depreciation expense 250 Sales revenue 2,330
Income taxes expense 335 Unearned fees 80
Income taxes payable 35

Prepare an adjusted trial balance for the Nash Company at June 30.

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