Financial Statements for Partnership The ledger of Camila Ramirez and Ping Xue, attorneys-at-law, contains the following accounts and balances after adjustments have bee recorded on December 31, 2012: Ramirez and Xue Trial Balance December 31, 2012 Debit Credit Balances Balances 48,300 Cash 46,000 Accounts Receivable 1.700 Supplies Land 115,000 125.200 71.900 52,900 22,300 34,300 Building Accumulated Depreciation--Bullding Office Equipment Accumulated Depreciation - Office Equipment Accounts Payable Salaries Payable Camilla Ramirez, Capital Camila Ramirez, Drawing Ping Xue, Capital Ping Xue, Drawing 3.700 120.000 51.000 69,000 74.800 Previous Next All saved DOLL Professional Fees 412200 Salary Expense 167,900 16,700 Depreciation Expense-Building Property Tax Expense Heating and Lighting Expense 10,400 8,300 Supplies Expense 6,000 Depreciation Expense-Office Equipment 5,200 Miscellaneous Expense 3,600 733,800 733,800 The balance in Xue capital account includes an additional investment of $12,000 made on May 5, 2012