The adjusted trial balance for Navajo Company is presented below. NAVAJO COMPANY Adjusted Trial Balance...
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Accounting
The adjusted trial balance for Navajo Company is presented below. NAVAJO COMPANY Adjusted Trial Balance July Debits Credits Cash Accounts Receivable Equipment Accumulated Depreciation Accounts Payable Unearned Rent Revenue Common Stock Navajo made an error during the year when they debited Utilities Expense for $ instead of Equipment for a cash purchase of equipment. In addition, Navajo failed to accrue $ of Service Revenue. Instructions: a Prepare an income statement and a retained earnings statement for the year. b Prepare a classified balance sheet at July 
The adjusted trial balance for Navajo Company is presented below.
NAVAJO COMPANY
Adjusted Trial Balance
July
Debits
Credits
Cash
Accounts Receivable
Equipment
Accumulated Depreciation
Accounts Payable
Unearned Rent Revenue
Common Stock
Navajo made an error during the year when they debited Utilities Expense for $ instead of Equipment for
a cash purchase of equipment. In addition, Navajo failed to accrue $ of Service Revenue.
Instructions:
a Prepare an income statement and a retained earnings statement for the year.
b Prepare a classified balance sheet at July
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