Hydromaint is a company, which provides hydraulic maintenance services to various water districts, refineries, chemical plants etc on a contractual basis. Hydromaint Company, decided to get financing from the Midwest National Bank in order to purchase an additional truck for the company operations. It already had two rented trucks but required one more to run its operations peacefully and not to lose clients. Jerry Loos, who is the accountant at the company, prepares the financial statements, journal entries and ledgers of the firm. After reviewing the financial statements, journal entries and ledgers of the ...