Balance Sheet Preparation Ivy's Grass Company Adjusted Trial Balance December 31, 2021 Account Title Debits Credits Cash 100,800 Investments 122,400 Accounts receivable 98,000 Allowance for uncollectible accounts 14,500 Inventories 288,000 Prepaid insurance 13,000 Land 172,800 Buildings 576,000 Equipment 144,000 Accumulated depreciation - buildings 202,000 Accumulated depreciation-equipment 43,000 Patents (net of amortization) 11,000 Accounts payable 101,000 Interest payable Notes payable 29,000 187,000 Bonds payable 404,000 Discount on bonds payable. 58,000 Common stock 144,000 Additional paid in capital in excess of par 288,000 Retained earnings (before closing) 173,000 Other accumulated comprehensive income (loss) 17,300 Treasury stock, at cost 21,600 Cash dividends 5,800 Sales 144,000 Cost of goods sold 100,800 $1.729.500 $1.729.500