900 McDongan Inc. T accounts - Post External Transactions' Journal Entries, Adjusting Journal Entries, and Closing Journal Entries Cash Accounts Receivable Supplies 70,000 32,000 36,000 8,500 1,200 50,000 19,200 9,000 263 8,500 59,500 Balance: Balance: 10,200 800 30,000 4,000 Allowance for Uncollectible 1,500 Accounts Prepaid Rent 4,000 263 365 19,200 4,500 6,000 4,000 Balance: Balance: Balance: 37,700 Accumulated Depreciation- Equipment - Computer Computer Delivery Van 32,000 6,000 59,500 Balance: 32,000 Balance: 6,000 Balance: 59,500 Accumulated Depreciation - Delivery Van 3,150 Balance: 1 Interest Payable 3,375 Balance: Deferred Revenue 7,500 30,000 Balance: Accounts Payable 800 1,200 Balance: Salaries Payable 4,000 4,000 4,000 4,000 Balance: Notes Payable 50,000 Balance: Common Stock 70,000 Retained Earnings Dividends 6,000 Balance: 70,000 Balance: 0 Balance: 6,000 Service Revenue 36,000 10,200 9,000 7,500 Balance: Salaries Expense 4,000 4,000 Interest Expense 3,375 Balance: Balance: Advertising Expense 1,500 Depreciation Expense 6,000 Supplies Expense 900 3,150 Balance: Balance: Balance: Utilities Expense 4,000 Rent Expense 4,500 Bad Debt Expense 365 Balance: Balance: Balance: Based on the balance in the ledger (T accounts) on pages 5 and 6, complete an adjusted trial balance. Once the trial balance is complete, produce the financial statements. McDoogan Inc Adjusted Trial Balance December 31, 2019 Account Name Debit Credit Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Prepaid Rent Equipment Computer Accumulated Depreciation - Computer Delivery Van Accumulated Depreciation - Delivery Van Accounts Payable Interest Payable Deferred Revenue Salaries Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Advertising Expense Utilities Expense Salaries Expense Depreciation Expense Rent Expense Interest Expense Supplies Expense Bad Debt Expense Totals 1