GIVEN EXCALIBUR CORPORATION
Unadjusted Trial Balance
December 31, 2009
Account Title	Debits	Credits
Cash	23,300
Accounts receivable	32,500
Allowance for uncollectible accounts		100
Supplies	0
Prepaid rent	0
Inventory	65,000
Equipment	75,000
Accumulated depreciation - equipment		10,000
Accounts payable		26,000
Wages payable		3,000
Note payable		30,000
Common stock		80,000
Retained earnings		16,050
Sales revenue		180,000
Cost of goods sold	95,000
Interest expense	0
Wage expenses	32,350
Rent expense	14,000
Supplies expense	2,000
Utility expense	6,000
Bad debt expense	0
Totals	345,150	345,150
Additional. information:
Accrued wages, year-end	$4,500
Percentage of A/R uncollectible	2%
Cash borrowed, 9/1	$30,000
Principal due in	10	years
Annual interest rate	10%
Supplies on hand at year-end	$500
Prepaid rent, year-end	$1,000
Dividends paid	$6,000

Prepare:

Adjusting entries

Adjusted trial balance

income statement

Balance Sheet