Below is the adjusted trial balance for Haig Auto Inc. as of December 31, 2019. Use the information
to prepare a balance sheet. Ignore income taxes.			8 points
	Last name begins with:	A-B
		Adjusted Balance
Account Number	Account Name	DR	CR
1000001	Cash	1,900,000	-
1000002	Accounts receivable	3,740,000	-
1000003	Allowance for doubtful accounts		60,000
1000004	Inventory	200,000	-
1000005	Supplies	150,000
1000006	Prepaid insurance	20,000	-
1000007	Prepaid expense, other	-	-
1010000	Bond investments	1,500,000
1010001	P,P & E	9,200,000	-
1010002	Accumulated depreciation		405,000
		-	-
2000001	Accounts payable	-	850,000
2000002	Accrued expenses	-	110,000
2000003	Salaries payable		95,000
2000004	Interest payable	-	250,000
	Payroll taxes payable	-	80,000
2000020	Short-term notes payable	-	150,000
2010001	Notes payable	-	7,500,000
		-	-
3000001	Common stock	-	1,000,000
3000002	Capital in excess of par	-	4,050,000
3000003	Retained earnings, beginning of year	-	560,000
3000004	Dividends	-	-
4000001	Sales Revenue	-	14,500,000
5010000	Cost of goods sold	8,000,000	-
5010100	Sales Commissions	1,500,000
5010010	Salary expense - administrative	1,600,000
501xxxx	All other expenses	1,800,000
		29,610,000	29,610,000