Opening Balance Sheet Debit Credit Adjusted Trial Balance Cash 91,290,000 91,290,000 Accounts Receivable 185,000,000 185,000,000 Allowance for Doubtful Accounts 13,875,000 (13,875,000) Inventory 62,500,000 62,500,000 Supplies (400,000) (400,000) Pre-Paid Expense 21,388,889 21,388,889 Property Plant and Equipment 155,000,000 155,000,000 Accumulated Depreciation 638,889 (638,889) Paten 13,750,000 13,750,000 Accounts Payable 193,000,000 (193,000,000) Unearned Revenue 24,500,000 24,500,000) Salaries and Wages Payable 4,242,000 (4,242,000) FICA Withholding Payable 356,800 856,800) Federal Income Tax Payable 616,000 (616,000) State Income Tax Payable Payable 313,600 (313,600) Bond Payable 115,718,750 (115,718,750) Premium/Discount 3,430,833 3,430,833 Common Stock 20,000,000 (20,000,000) Additional Paid In Capital 90.000,000 90,000,000) Treasury Stock 3,510,000 3,510,000 Retained Earnings Revenue 209,500,000 209,500,000) Cost of Goods Sold 112,500,000 112,500,000 Rent Expense 611,111 611,111 Salaries and Wages Expense 5,600,000 5,600,000 Payroll Tax Expense 428,400 428,400 Depreciation Expense 538,889 638,889 Amortization Expense (Patent) Bad Debt Expense 13,875,000 13,875,000 Supplies Expense 3,400,000 3,400,000 Interest Expense 737,917 737,917 Totals 673,261,039 673,261,0391/31/2018 Assets Liabilities and Stockholders Equity Current Assets Current Liabilities (Enter Account Description) Enter Account Description) (Enter Account Description) (Enter Account Description) (Enter Account Description) (Enter Account Description) (Enter Account Description) (Enter Account Description) (Enter Account Description) (Enter Account Description) Enter Account Description) (Enter Account Description) Total Current Assets (Enter Account Description) Total Current Liabilities Property Plant and Equipment Long Term Liabilities Enter Account Description) (Enter Account Description) Enter Account Description) (Enter Account Description) Total Property Plant and Equipment (Enter Account Description) Total Long Term Liabilities Intangible Assets (Enter Account Description) Total Liabilities Total Intangible Assets Stockholder's Equity Other Assets: (Enter Account Description) (Enter Account Description) (Enter Account Description) Other Long-Term Assets (Enter Account Description) (Enter Account Description) Total Stockholder's Equity Total Assets Total Liabilities and Stockholders Equity - Check Figure