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