Instructions Oxmoor Corporation ADJUSTED TRIAL BALANCE December 31, 20-- ACCOUNT TITLE DEBIT CREDIT Cash 13,300.00 Accounts Receivable 6,700.00 Prepaid Rent 54,000.00 Inventory 481,400.00 Long-Term Investment 110,900.00 6 Equipment 88,000.00 Accumulated Depreciation 23,700.00 8 Accounts Payable 111,700.00 9 Interest Payable 4,400.00 10 Notes Payable (short-term) 50,000.00 Instructions 9 Interest Payable 4,400.00 10 Notes Payable (short-term) 50,000.00 11 Bonds Payable 180,000.00 12 Common Stock 300,000.00 13 Retained Earnings, 1/1/2019 45,635.00 14 Dividends 50,000.00 15 Sales Revenue 583,900.00 16 Cost of Goods Sold 277,000.00 17 Wages Expense 98,250.00 18 Rent Expense 50,000.00 19 Depreciation Expense 29,000.00 20 Interest Expense 2,700.00 21 Income Taxes Expense 38,085.00 22 Totals 1,299,335.00 1,299,335.00 Income Labels and Amount Descriptions Labels December 31, 2019 Expenses - For the year ended December 31, 2019 Revenues Amount Descriptions Net income Net loss Total expenses Oxmoor Corporation Income Statement Gold (Label) 1 (Label) 3 (Label)