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Question: at december 31 2020 zz inc s unadjusted trial balance...

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At December 31, 2020, ZZ, Inc. s unadjusted trial balance reported the following accounts: Accumulated Depreciation $57,000 16,000 ZZ, Inc. has not yet recorded adjusting entries related to the fol Lowing four items: 1) The prepaid insurance in the unadjusted trial balance relates to a 2-year insurance policy purchased on March 31, 2020 2) Depreciation expense of $9,000 has not yet been recorded
3) The note receivable was a loan given to a customer on June 1, 2020 It is a 10-month, 15% loan 4) A physical count revealed that supplies costing $8,000 were st on hand as of December 31, 2020 Calculate ZZ, Inc.s net income for 2020 after the appropriat e adjusting entries have been recorded and posted
At December 31, 2020, zZ, Inc. s unadjusted trial balance reported the following accounts: Accumulated Depreciation $57,000 Utilities Expense.. ZZ, Inc. has not yet recorded adjusting entries related to the fol lowing four items 1) The prepaid insurance in the unadjusted trial balance relates to a 2-year insurance policy purchased on March 31, 2020 2) Depreciation expense of $9,000 has not yet been recorded
3) The note receivable was a loan given to a customer on June 1, 2020 It is a 10-month, 15% loan. 4) A physical count revealed that supplies costing $8,000 were st on hand as of December 31, 2020. Calculate ZZ, Inc. s total assets at December 31, 2020 after the appropriate adjusting entries have been recorded and poste d.
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