1,521 1.5 2,100 Introduction to Agricultural Accounting 14 2,100 3,600 g. Breeding Livestock Gains/Losses Due to Changes in General Base Values of Breeding Livestock h. Change in Taxes Payable Non-Current Deferred Taxes 3,600 4-9 - Using the unadjusted trial balance below (from Appendix E) and the ledger accounts from Problem 4-8, prepare an adjusted trial balance. Unadjusted Trial Balance Steve and Chris Farmer December 31, 20X1 Credits Debits $ 203.80 73,500.00 65,000.00 1,000.00 45,000.00 470,000.00 100,000.00 Accounts 1000 Cash 1500 Breeding Livestock 1600 Machinery and Equipment 1650 Office Equipment and Furniture 1700 Perennial Crops 1800 Land, Buildings and Improvements 1910 Leased Assets 2,160.00 2100 Taxes Payable 50,000.00 2310 Notes Payable Due within One Year BE120,000.00 2400 Real Notes Payable-Non-Current 76,018.00 2600 Obligations on Leased Assets 3100 Retained Capital 104,540.00 3110 Owner Withdrawals 150.00 100.00 3120 Non-Farm Income 3130 Other Capital Contributions/Gifts/Inheritances 4000 Cash Crop Sales 4100 Cash Sales of Market Livestock 4500 Gains (Losses) from Sale of Culled Breeding Livestock 250.00 5000 Feeder Livestock 1,500.00 5020 Purchased Feed 1,000.00 6100 Wage Expense 1,200.00 6110 Payroll Tax Expense 129.20 6310 Truck and Machinery Hire 6520 Herbicides, Pesticides 150.00 6630 Livestock Supplies, Tools, and Equipment 500.00 6700 Insurance 75.00 6710 Real Estate and Personal Property Taxes 1,200.00 1,300.00 8200 Gains (Losses) on Sales of Farm Capital Assets 1,200.00 800.00 Totals 2,160.00 $766,318.00 350,000.00 12,600.00 50,900.00 8100 Interest Expense 9100 Income Tax Expense $766,318.00