Owen Yao: Attempt 1 Charlie, Inc. December 31, 2017 Unadjusted Trial balance Cash 50,000 Accounts Receivable 30,000 Allowance for Doubtful Accounts 500 Short Term Note Receivable 60,000 Interest Receivable 0 Supplies 5,000 Prepaid Insurance 48,000 Inventory 12,000 Vehicle 16,000 Equipment 75,000 Accumulated Depreciation 42,000 Accounts Payable 18,000 Unearned Revenue 14,000 Wages Payable 2,000 Long-Term Notes Payable 70,000 Common Stock Retained Earnings (1/1/2017) 106,000 2,500 Dividends Sales 2,000 Go 511,000 61F en Yao: Attempt 1 Lung-Term Notes Payable Common Stock 70,000 106,000 Retained Earnings (1/1/2017) 2,500 Dividends 2,000 Sales 511,000 Sales Returns & Allowances 7,000 Sales Discounts 3,000 Cost of Goods Sod 46,000 Delivery Expense 5,000 Depreciation Expense 16,000 Bad Debt Expense 0 Rent Expense 98,000 Insurance Expense 40,000 Wages Expense 195,000 Supplies Expense 15,500 Interest Revenue 0 Loss on Disposal 0 Interest Expense 6,500 Income Tax Expense 36,000 Total 766,000 766,000 Part 1b: Post the adjusting journal entries to t-accounts: (Specific instructions: Above each T-account, write the account name of each account affected by a journal entry. Write in the unadjusted balance for each of these accounts (from page 1)...the unadjusted balance might be a debit, a credit, or zero balance. Now you are ready to post your journal entries from page 2 onto the corresponding T-accounts and then calculate adjusted balances.) -10 AAA - LAJ AaBbCcDc AaBk AaBb( -X2 X2 AAA TEX 1 2