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The partial unadjusted trial balance of Erif Corporation at December 31, 2020 follows. All accounts have normal balances.
The following additional information is available at the December 31, 2020 year end: a. Insurance expense represents a 3-year insurance policy for the period from January 1, 2020 to December 31, 2022. b. A count of office supplies reveals that at December 31, 2020, the company had $500 of office supplies on hand. c. The company's lease, signed on January 1, 2020, specifies monthly rent of $4,000, or $48,000 a year. d. The December 2020 utility bill has not yet been received and is not included in the trial balance. The utility bill averages $400 a month. Required - Using the information above, find the balances in the following account balances, after adjustment, at December 31, 2020:
-Prepaid Rent
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The concentration of the hormone testosterone in the blood, which plays a key role in male physical features and development.
Cardiovascular Disease
A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, and heart failure.
Diabetes
A metabolic disease characterized by high blood sugar levels over a prolonged period.
Biological Contributors
Factors related to an individual's biological makeup, such as genetics, that can influence the development of psychological disorders.
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