Francis Company, Inc. December 31, 2017 Unadjusted Trial balance Cash 45,000 Accounts Receivable 23,000 Allowance for Doubtful Accounts 1,500 Short Term Note Receivable 84,000 Interest Receivable 0 Supplies 5,000 Prepaid Insurance 40,000 Inventory 12,000 Vehicle 16,000 Equipment 75,000 Accumulated Depreciation 42,000 Accounts Payable 14,000 Unearned Revenue 18,000 Wages Payable 7,000 Long-Term Notes Payable 65,000 Common Stock 106,000 Retained Earnings (1/1/2017) 2,500 Dividends 3,000 Sales 511,000 Sales Returns & Allowances 2,300 Sales Discounts 1,900 Cost of Goods Sold 45,500 Delivery Expense 2,000 Depreciation Expense 16,000 Bad Debt Expense 0 Rent Expense 98,300 Insurance Expense 40,000 Wages Expense 200,000 Supplies Expense 15,500 Interest Revenue 0 Loss on Disposal 0 Interest Expense 6,500 Income Tax Expense 36,000 Total 767,000 767,000