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P4-1 (Algo) Preparing a Trial Balance L04-1 Sam's Pizzeria International Inc. operates and franchises pizza delivery and carryout restaurants worldwide. The following is an alphabetical

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P4-1 (Algo) Preparing a Trial Balance L04-1 Sam's Pizzeria International Inc. operates and franchises pizza delivery and carryout restaurants worldwide. The following is an alphabetical list of accounts and amounts reported in a recent year's set of financial statements. The accounts have normal debit or credit balances and the dollars are rounded to the nearest million. Accounts payable Accounts receivable Accrued expenses payable Accumulated depreciation Additional paid-in capital Advertising expense Buildings and leasehold improvements Cash Common stock Cost of sales Depreciation expense Equipment General and administrative expenses Income tax expense Income tax receivable Income taxes payable Intangible assets 36 67 72 414 192 76 232 26 1 1,061 48 389 82 38 8 13 93 Interest expense Interest revenue Inventories Land Long-term debt Long-term notes receivable Loss on impairment of assets Other assets Other long-term liabilities Prepaid expenses and other current as Rent and utilities expense Restaurant and franchise sales reveni Retained earnings Salaries and benefits expense Short-term notes receivable Treasury stock Unearned revenue Required: $ 36 67 72 414 192 vements 232 26 1 1,061 48 389 82 38 8 13 93 Interest expense Interest revenue Inventories Land Long-term debt Long-term notes receivable Loss on impairment of assets Other assets Other long-term liabilities Prepaid expenses and other current assets Rent and utilities expense Restaurant and franchise sales revenue Retained earnings Salaries and benefits expense Short-term notes receivable Treasury stock Unearned revenue 37 38 480 24 6 52 77 51 66 1,788 2 250 8 603 10 penses Required: 1. Prepare an adjusted trial balance. (Enter your answers in millions.) SAM'S PIZZERIA INTERNATIONAL INC. Adjusted Trial Balance At the End of a Recent Year (in millions of dollars) Debit Credit +

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