Nicholas Company had the following Adjusted Trial Balance for the month ended May 31, 2016 Nicholas Company Adjusted Trial Balance May 31, 2016 Account Names Debit Credit Cash $355,120 Petty Cash Fund 5,200 Accounts Receivable 29,400 Merchandise Inventory, 5/1/16 55,300 Store Supplies 10,900 Office Supplies 4,300 Prepaid Insurance 3,300 Land 34,000 Forklift 33,300 Accumulated Depreciation, Forklift $900 Delivery Truck 156,000 Accumulated Depreciation, Delivery Truck 1,650 Accounts Payable Salaries Payable 91,400 2,100