Account Name Cash Accounts receivable Allowance for bad debts Inventory Prepaid expenses Deposits 2018 Unadjusted Trial Balance 1,320,096 Performance Materiality 20,000 m1.5% 1,762,682 40,000 M2.3% 116,636 CR 3,000 13,524,349 50,000 17,720 2,000 7,916 1,000 Land 100,000 0 Automobiles Equipment Office equipment Building Accumulated depreciation 42,772 1,500 134,919 3,000 49,028 1,000 525,840 10,000 256,042 CR 5,000 Accounts payable 1,750,831 CR 20,000 Accrued liabilities 257,800 CR 5,000 Federal income taxes payable 35,284 CR 5,000 Notes payable - bank 5,100,000 CR 50,000 Current portion of long-term debt 5,642 CR 1,000