Denver Mountain Company Trial Balance 11/30/17 Dr Cr Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable 272,000 114,500 1,000 50,000 Supplies 55,000 Inventory 62,000 Equipment 75,000 Building 0 Accumulated Depreciation 32,000 Copyright 100,000 Accounts Payable 12,000 Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable 0 18,350 26,25 350,000 26,840 Common Stock-$1.50 par 90,000 Paid In Capital In Excess of Par-CS 86,000 Preferred Stock-$5 par 1,000 Paid In Capital In Excess of Par-PS 50,000 Treasury Stock 0 Retained Earnings 3,500 Dividends 2,000 Sales Revenue 443,910 Sales Returns & Allowances 7,000 Sales Discounts 3,000 Cost of Goods Sold 46,000 Bad Debts Expense Depreciation Expense Wages Expense Rent Expense Insurance Expense Supplies Expense 5,000 16,000 157,500 98,000 25,000 16,000 Interest Revenue 1,000 Interest Expense 6,500 Gain on Sale of Equipment 15,000 Income Tax Expense 46,000 Total 1,156,500 1,156,500 + GENERAL JOURNAL DATE ACCOUNT NAME DEBIT CREDIT Use the space below for T-accounts (REQUIRED). (Specific instructions: Prepare T-accounts for each account affected by a journal entry. Write in the unadjusted balance for each of these accounts (from page 1)...the unadjusted balance might be a debit, a credit, or zero balance. Now you are ready to post your journal entries from page 3 onto the corresponding T-accounts and then calculate adjusted balances.) ADJUSTED TRIAL BALANCE 12/31/17 D Cr