Kelly Green Jelly Beans Adjusted Trial Balance December 31, 2021 Ad TrBaiance Account Title Cash Di 54,600 Accounts Receivable 141,316 Notes Receivable - due 2022 38,180 Merchandise Inventory Warehouse Supplies 257,000 Office Supplies Prepaid Insurance Warehouse Equipment 2,820 Accumulated Deprec - Warehouse Equip 1,460 Delivery Equipment 10,200 37,000 Accumulated Deprec - Delivery Equip Office Equipment 51,000 17,400 Accumulated Deprec - Office Equip Notes Payable - due 2022 Accounts Payable Interest Payabie Mortgage Payable Losn Payable - Due 2030 Kelly Green, Capital Kelly Green, Drawing Inoome Summary Sales Sales Returns \& Alowances Sales Discounts Interest income Purchases- Freight in 25,000 19,600 Purchase Reeturns 8 Alowances Purchase Discounts Sales Salaries Expense Warehouse Wages Expense Delvery Expense Insurance Expense Depreciation Expense - Warehouse Equip Usilities Expenise - Store Office Salaries Expense Payroll Taxes Expense Depreciation Expense - Delivery Equip Advertising Expense Depreciation Expense-Orfice Equip Store Supplies Expense Otfce Supplies Expense Warehouse Supples Expense Utities Expense 1,580 Telephone Expense 12,000 20,200 38,500 580 61,000 17,000 412,460 87,000 244,000 257,000 1,742,000 18,200 1,900 767,000 13,800 8.440 11,160 269,200 199.600 25,900 16,200 5,800 13,160 135,600 $9,000 9800 51,350 3.920 16.840 10964 14100 10290 11.520 2. Cost of Goods Sold 3. Gross Profit 4. Total Operating Expenses Selling Expenses 5. Income from Operations 6. Other Income 7. Other Expense 8. Net Income Balance Sheet Calculations: 1. Current Assets 2. Property, Plant \& Equipment 3. Current Liabilities 4. Long-Term Liabilities 5. Owner's Equity