Journal Entries and Trial Balance Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31, 20Y7, follows: Cash Accounts Receivable Prepaid Insurance Office Supplies Land Accounts Payable Unearned Rent Notes Payable Lester Wagner, Capital Lester Wagner, Drawing Fees Earned Elite Realty Unadjusted Trial Balance March 31, 20Y7 Account No. K 11 12 13 14 16 21 22 23 31 32 41 Debit Balances 10,590 24,670 1,200 720 840 Credit Balances 6,980 22,900 120,330

Journal Entries and Trial Balance Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31,2017, follows: Journal Entries and Trial Balance Elite Realty acts as an agent in buying, selling, renting, and managing real estate. The unadjusted trial balance on March 31,2017, follows