ACCOUNTING PRINCIPLES I-FINANCIAL TBC CHAPTER 3 - Adjusting Entries, Financial Statements, and Closing Entries Morton Company has the following trial balance as of December 31, 2014, and chart of accounts. Chart of Accounts Act, # Account Title 1100 Cash 1110 Accounts Receivable 1120 Prepaid Advertising 1130 Supplies 1200 Building 1210 Accumulated Depreciation - Bldg. 2100 Accounts Payable 2110 Salaries Payable 2120 Interest Payable 2130 Income Taxes Payable 2200 Notes Payable 3100 Common Stock 3110 Retained Earnings 3120 Dividends Declared 3130 Income Summary 4100 Fees Revenue 5100 Salaries Expense 5110 Utilities Expense 5120 Insurance Expense 5130 Advertising Expense 5140 Supplies Expense 5150 Depreciation Expense-Bldg. 5160 Interest Expense 5170 Income Tax Expense