FEDERATION ENTERPRISES CORP. Adjusted Trial Balance May 31, 2022 Debit Credit ccounts Payable ccounts Receivable $ 1,390 $ 5,280 ccumulated Depreciation-Office Equipment Accumulated Depreciation-Vehicles Advertising Expense 600 580 1,800 Cash 54,095 Contributed Capital 3,023 Cost of Goods Sold 18,200 Current Portion of Note Payable 1,500 Depreciation Expense 400 Dividends 12,000 Income Tax Expense 1,263 Interest Expense 3,150 Inventory 9,780 Notes Payable 3,500 Office Equipment 3,000 Office Supplies 6,825 Office Supplies Expense 100 Prepaid Rent 300 Rent Expense 600 Rent Revenue 1,200 Retained Earnings, Jun 1, 2021 35,700 Salaries and Wages Expense 8,450 Sales Revenue 86,400 Store Supplies 200 Vehicles Wages Payable Totals 11,200 2,750 $136,643 $136,643