Accounts payableAccounts receivableInvestmentsCashCommon stockDividendsPrepaid insuranceInsurance expenseLandNotes payable $($long term$)$Salaries expenseSales revenue$ $18,0004,00088,00019,00030,00016,00020,0008,00026,00055,00037,000115,000$

Instructions

Prepare an adjusted trial balance from the following account information, and also considering the adjustment data provided $($assume accounts have normal balances$).$

Adjustments needed:

Accrued interest revenue on investments at period end, $$2,200$

Insurance still unexpired at end of the period, $$12,000$