Laker Incorporated's fiscal year-end is December 31, 2021. The following is an adjusted trial balance as of December 31.

Accounts Cash Supplies Prepaid Rent Accounts Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Advertising Expense Rent Expense Utilities Expense Totals Debit $ 11,800 38,000 29,000 3,800 19,800 12,800 9,800 7,800 $132,800 Credit $ 2,800 28,000 39,000 8,800 54,200 $132,800