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Macro Company has the following adjusted accounts and balances at June 30:
Accounts Payable $340
Accounts Receivable 590
Accumulated Amortization 170
Accumulated Depreciation 290
Cash 1,060
Common Stock 340
Deferred Revenue 120
Depreciation Expense 130
Equipment 1,440
Income Tax Expense 130
Income Tax Payable 40
Interest Expense 200
Interest Revenue 60
Notes Payable (long-term) 1,340
Office Expenses 860
Prepaid Rent 50
Rent Expense 440
Retained Earnings 140
Salaries and Wages Expense 700
Sales Revenue 3,730
Software 220
Supplies 750
Required:
Question 1: Evaluate how to prepare an adjusted trial balance for Macro Company at June 30.
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