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The adjusted trial balance for Martinez Company is given below: Cash Accounts Receivable Supplies Prepaid...

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Accounting

The adjusted trial balance for Martinez Company is given below: Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries and Wages Payable Unearned Rent Revenue MARTINEZ COMPANY Trial Balance August 31, 2025 Common Stock Before Adjustment Dr. $11,210 8,170 2,940 4,500 16,000 Cr. $3,600 5,560 2,100 15,690 After Adjustment Dr. $11,210 8,770 1,280 3,220 16,000 Cr. $4,800 5,560 1,340 1,180 15,690
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The adjusted trial balance for Martinez Company is given below: Prepare the classified balance sheet at August 31. (List Current Assets in order of liquidity.) Liabilities and Stockholders' Equity $ s s Common Stock 15,690 15,690 Retained Earnings 5,580 5,580 Dividends 2,740 2,740 Service Revenue 32.770 33,370 Rent Revenue 12,270 13,190 Salaries and Wages Expense 16,520 17,860 Supplies Expense 1,660 Rent Expense 0 15,490 Insurance Expense 15.490 Depreciation Expense 1,280 $77.5700$77.5701,200$80,710$80,710 Prepare the retained earnings statements for the year ended August 31. (List items that increase retained earnings first.)

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