Comprehensive Accounting Cycle Review 11-1 Flint Corporation's balance sheet at December 31, 2016, is presented below. $26,000 75,000 134,400 FLINT CORPORATION Balance Sheet December 31, 2016 Cash $26,000 Accounts payable Accounts receivable 46,000 Common stock ($10 par) Allowance for doubtful accounts (1,800) Retained earnings Supplies 4,700 Land 40,000 Buildings 143,000 Accumulated depreciation-buildings (22,500) $235,400 $235,400 No. Account Titles and Explanation Debit Credit 1. Cash Preferred Stock Additional paid-in stock Cash common sotck to additional paid in common stock 3. Accounts Receivable Service Revenue 4. Cash cash advance from customers 5. Cash Accounts Receivable 6. Supplies Accounts Payable 7. Accounts Payable Cash 8. Common Stock additional paid in capital, common stock 9. Other Operating Expenses Cash 10. Retained Earnings Dividends Payable .1. Allowance for Doubtful Accounts Accounts Receivable djusting entries 1. cash advance Service Revenue 2. bad debts Allowance for Doubtful Accounts 3. Depreciation Expense Accumulated Depreciation-Buildings provision for tax Income Tax Expense SHOW LIST OF ACCOUNTS Prepare an adjusted trial balance at December 31, 2017. FLINT CORPORATION Adjusted Trial Balance Debit Credit FLINT CORPORATION Income Statement Service Revenue Sales Revenues HA FLINT CORPORATION Balance Sheet Assets Liabilities and Stockholders' Equity $