Parts Unlimited Adjusted Trial Balance December 31, 2021
Accounts		Debit		Credit
Cash		$ 174,300
Accounts receivable		20,900
Inventory		21,000
Land		340,000
Equipment		388,300
Patent		39,000
Accumulated depreciation				$ 122,700
Accounts payable				12,100
Interest payable				5,700
Income taxes payable				12,600
Notes payable				95,000
Common stock				520,000
Retained earnings				193,300
Sales revenue				567,200
Gain on sale of equipment				15,400
Cost of goods sold		342,600
Salaries expense		109,000
Utilities expense		52,700
Depreciation expense		36,900
Amortization expense		1,000
Interest expense		5,700
Income tax expense		12,600
Totals		$1,544,000		$1,544,000

1. Classified Balance Sheet (you must show computation for retained earnings)
2. Closing Entries