CASH 100,000 ACCOUNTS RECEIVABLE 40,000 INVENTORY 60,000 LAND BUILDINGS 140,000 140,000 NOTES PAYABLE 70,000 TRIAL BALANCE DEBIT CREDIT CASH 1,100,000 ACCOUNTS RECEIVABLE 40,000 INVENTORY 60,000 LAND BUILDINGS GOODWILL NOTES PAYABLE 70,000 COMMON STOCK 1,000,000 TOTALS 1,200,000 1,070,000