85 33000 1 2 Smith Company Adjusted Trial Balance For Year Ended December 31, 2022 B 4 Cash 6 Accounts Receivable Dr. 33000 48,000 Cr 7 Interest Receivable 8 Merchandise Inventory 9 Long-Term Investments 10 Land 3,000 55,000 15,000 70,000 11 Buildings and Equipment 225,000 12 Allowance for Doubtful Accounts 4,000 13 Accumulated Depreciation 4 Accounts Payable 5 Salaries Payable 25,000 13,000 2,000 16 Interest Payable 4,000 17 Income Tax Payable 7,000 18 Notes Payable 30,000 19 Bonds Payable 95,000 20 Discount on Bonds Payable 2,000 21 Common Stock-$1.00 par value 200,000 22 Paid in Capital In Excess of Par 20,000 23 Retained Earnings 47,000 24 Treasury Stock 8,000 25 Sales Revenue 200,000 26 Interest Revenue 3,000 27 Cost of Goods Sold 120,000 28 Salaries Expense 25,000 29 Depreciation Expense 5,000 30 Bad Debt Expense 1,000 31 Interest Expense 8,000 32 Loss on Sale of Building 3,000 33 Income Tax Expense 16,000 34 Dividends 13,000 35 36 37 Additional Information $ 650,000 $650,000 38 Prior Year Balances 39 Accounts Receivable 50,000 40 Inventories 50,000 41 Total Assets 369,000 42 Shareholder Equity 267,000 43 44 Assume a 366 day year. 45 46 47 40 49 D E