Papa John’s International Inc. operates and franchises pizza delivery and carryout restaurants worldwide. The following is an alphabetical list of accounts and amounts reported in a recent year’s set of financial statements. The accounts have normal debit or credit balances and the dollars are rounded to the nearest million.

Required:
1. Prepare an adjusted trial balance.
2. How did you determine the amount for retained earnings?

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Accounts payable Accounts receivable Accrued expenses payable Accumulated depreciation Additional paid-in capital Advertising expense Buildings and leasehold improvements Cash Common stock Cost of sales Current lease liabilities Depreciation expense Equipment General and administrative expenses Income tax expense Income tax receivable Income taxes payable Intangible assets $32 65 68 406 184 72 228 22 1 1,059 25 44 379 78 34 4 11 87 Interest expense Interest revenue Inventories Land Lease right-of-use assets Long-term debt Long-term lease liabilities Long-term notes receivable Loss on impairment of assets Other assets Other long-term liabilities Prepaid expenses and other current assets Rent and utilities expense Restaurant and franchise sales revenue Retained earnings Salaries and benefits expense Short-term notes receivable Treasury stock Unearned revenue $ 11 1 31 34 158 470 133 16 2 48 73 45 62 1,784 ? 240 4 597 6