Credit $ 2,000 BUSI 1043 INC. Adjusted Trial Balance Asat December 31, 2019 Debit Cash $ 10.000 Accounts Receivable $ 17,000 Allo wa nce for doubtful accounts Inventory $ 20,000 Prepaid Expenses $ 2.000 Long Term Investments $ 100.000 Building $300.000 Accumulated Depreciation - Building Equipment $ 75,000 Accumulated Depreciation - Equipment Accounts Payable Salaries Payable Interest Payable Income Tax Payable Unearned Revenue Current portion of bank loan payable Bank loan payable Common Sharee $ 30,000 $ 15.000 s 8000 3.500 $ 1.500 $ 12.000 $ 5.000 S 3.500 $ 35,000 100 Body) Tell me what you want to do EvE V 11 Open in Desktop App A BI U ON A A Interest Payable $ 1,500 Income Tax Payable $ 12,000 Unearned Revenue $ 5,000 Current portion of bank loan payable $ 3,500 Bank loan payable $ 35,000 Common Shares $ 100 Dividends Declared $ 16,000 Retained Earnings $ 329400 Sales $500,000 Sales returns and allowances $ 15,000 Sales discounts $ 6.000 Interest revenue S 3.000 Cost of goods sold $285.000 Salaries expense $ 40.000 Rent expense $ 16.000 Depreciation expense S 12 000 Advertising expense $ 11,000 Supplies expense $ 6.000 Insurance expense $ 4.000 Interest expense $ 1 000 Income tax expense $ 12.000 1. Prepare the Balance Sheet 2. Prepare the Income Statement