ACME Distribution, Inc. Trial Balance December 31, 2016 12/31/2015 camber 31, 2016 December 31, 2016 December 31. 2016 Post-Closing Trial Balances Unadjusted Trial Balance Adjustments Adjusted Trial Balance Closing Entries Balance (FY1 Only) Debit Credit Debit Credit Debit Credit Debit Credit Debit Credit Cash 34,620 ccounts receivable 25,060 Allowance for bad debts 1,200 Inventory 66,750 Supplies Prepaid insurance 10,700 Prepaid rent 2,600 Office equipment 35,000 Accumulated depreciation-Office equipment 8,000 Warehouse equipment 30,000 Accumulated depreciation-Warehouse equipment -16,000 ccounts payable -14,550 Bond payable Salaries payable 470 Interest payable Dividends payable Unearned revenue Common stock -1,200 Additional paid-in capital--Common stock 900 Retained earnings -153,530 Dividends 12,000 Sales -607,480 Sales discounts 1,480 Sales returns & allowance 620 Cost of goods sold 461,200 Depreciation expense-Office equipment 1,200 Depreciation expense-Warehouse equipment 2,500