Please help with the adjusted trial balance and balance sheet

Debit Credit Cash $26,400 44,160 12,000 0 Accounts Receivable Notes Receivable Interest Receivable Inventory Prepaid Insurance Land 43,440 4320 24,000 Buildings 180,000 Equipment 72,000 Patent 10,800 Allowance for Doubtful Accounts $600 60.000 28.800 Accumulated Depreciation- Buildings Accumulated Depreciation- Equipment Accounts Payable Salaries and Wages Payable 32.760 0 Notes Payable (due April 30. 2023) 13.200 0 0 42.000 60,000 76,320 Income Taxes Payable Interest Payable Notes Payable (due in 2028) Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Gain on Disposal of Plant Assets 14,400 1,080,000 0 0 Bad Debt Expense 0 Cost of Goods Sold 756,000 Depreciation Expense 0 Income Tax Expense 0 Insurance Expense 0 Interest Expense 0 Other Operating Expenses 74.160 Amortization Expense 0 Salaries and Wages Expense 132,000 Total $1,393.680 $1,393,680 The following transactions occurred during December. Dec. 2 Purchased equipment for $19,200, plus sales taxes of $960 (paid in cash). 2 Cheyenne sold for $4,200 equipment which originally cost $6,000. Accumulated depreciation on this equipment at January 1, 2022, was $2,160; 2022 depreciation prior to the sale of equipment was $990. Cheyenne sold for $6,000 on account inventory that cost $4,200. 15 23 Salaries and wages of $7,920 were paid. Adjustment data: 1. 2. 3. 4. UT 5. 6. Cheyenne estimates that uncollectible accounts receivable at year-end are $4,800. The note receivable is a one-year, 8% note dated April 1, 2022. No interest has been recorded. The balance in prepaid insurance represents payment of a $4,320, 6-month premium on September 1, 2022. The building is being depreciated using the straight-line method over 30 years. The salvage value is $36,000. The equipment owned prior to this year is being depreciated using the straight-line method over 5 years. The salvage value i 10% of cost. The equipment purchased on December 2, 2022, is being depreciated using the straight-line method over 5 years, with a salvage value of $2,160. The patent was acquired on January 1, 2022, and has a useful life of 9 years from that date. Unpaid salaries at December 31, 2022, total $2,640. Both the short-term and long-term notes payable are dated January 1, 2022, and carry a 10% interest rate. All interest is payable in the next 12 months. Income tax expense was $18,000. It was unpaid at December 31. 7. . 8. 9. 10 Account Titles and Explanation Debit Credit Equipment 20160 Cash 20160 Depreciation Expense 990 Accumulated Depreciation Equipment 990 (To record depreciation expense on equipment.) Cash 4200 Accumulated Depreciation-Equipment 3150 Equipment 6000 Gain on Disposal of Plant Assets 1350 (To record sale of equipment.) Accounts Receivable 6000 IN Sales Revenue 6000 (To record sales revenue.) Cost of Goods Sold 4200 Inventory 4200 Salarles and Wages Expense 7920 Cash 7920 1. Bad Debt Expense 4200 Allowance for Doubtful Accounts 4200 2. Interest Recevable 720 Interest Revenue 720 3. Insurance Expense 2880 Prepald Insurance 2880 4. Depreciation Expense 4800 Accumulated Depreciation-Buildings 4800 . 5. Depreciation Expense 11880 Accumulated Depreciation-Equipment 11880 6. Depreciation Expense 300 10 Accumulated Depreciation-Equipment 300 7. Amortization Expense 1200 Patents 1200 8. Salaries and Wages Expense 2640 Salaries and Wages Payable 2640 9. Interest Expense 5520 Interest Payable 5520 10. Income Tax Expense 18000 Income Taxes Payable 18000 Cash $ 20160 $ Accounts Receivable Notes Receivable Interest Receivable 720 Inventory Prepaid Insurance Land Buildings Equipment TUNNUNCTIONNE Patents Allowance for Doubtful Accounts ULTOODUIT Accumulated Depreciation-Buildings Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Notes Payable Income Taxes Payable 18000 Interest Payable 5520 Common Stock M. Retained Earnings Dividends Sales Revenue 6000 Interest Revenue 720 Gain on Disposal of Plant Assets 1350 Bad Debt Expense 4200 Cost of Goods Sold Income Tax Expense 18000 Depreciation Expense DINTRODATE Insurance Expense 2880 Other Operating Expenses Amortization Expense 1200 Salaries and Wages Expense Totals $ $ Debit Credit Cash $26,400 44,160 12,000 0 Accounts Receivable Notes Receivable Interest Receivable Inventory Prepaid Insurance Land 43,440 4320 24,000 Buildings 180,000 Equipment 72,000 Patent 10,800 Allowance for Doubtful Accounts $600 60.000 28.800 Accumulated Depreciation- Buildings Accumulated Depreciation- Equipment Accounts Payable Salaries and Wages Payable 32.760 0 Notes Payable (due April 30. 2023) 13.200 0 0 42.000 60,000 76,320 Income Taxes Payable Interest Payable Notes Payable (due in 2028) Common Stock Retained Earnings Dividends Sales Revenue Interest Revenue Gain on Disposal of Plant Assets 14,400 1,080,000 0 0 Bad Debt Expense 0 Cost of Goods Sold 756,000 Depreciation Expense 0 Income Tax Expense 0 Insurance Expense 0 Interest Expense 0 Other Operating Expenses 74.160 Amortization Expense 0 Salaries and Wages Expense 132,000 Total $1,393.680 $1,393,680 The following transactions occurred during December. Dec. 2 Purchased equipment for $19,200, plus sales taxes of $960 (paid in cash). 2 Cheyenne sold for $4,200 equipment which originally cost $6,000. Accumulated depreciation on this equipment at January 1, 2022, was $2,160; 2022 depreciation prior to the sale of equipment was $990. Cheyenne sold for $6,000 on account inventory that cost $4,200. 15 23 Salaries and wages of $7,920 were paid. Adjustment data: 1. 2. 3. 4. UT 5. 6. Cheyenne estimates that uncollectible accounts receivable at year-end are $4,800. The note receivable is a one-year, 8% note dated April 1, 2022. No interest has been recorded. The balance in prepaid insurance represents payment of a $4,320, 6-month premium on September 1, 2022. The building is being depreciated using the straight-line method over 30 years. The salvage value is $36,000. The equipment owned prior to this year is being depreciated using the straight-line method over 5 years. The salvage value i 10% of cost. The equipment purchased on December 2, 2022, is being depreciated using the straight-line method over 5 years, with a salvage value of $2,160. The patent was acquired on January 1, 2022, and has a useful life of 9 years from that date. Unpaid salaries at December 31, 2022, total $2,640. Both the short-term and long-term notes payable are dated January 1, 2022, and carry a 10% interest rate. All interest is payable in the next 12 months. Income tax expense was $18,000. It was unpaid at December 31. 7. . 8. 9. 10 Account Titles and Explanation Debit Credit Equipment 20160 Cash 20160 Depreciation Expense 990 Accumulated Depreciation Equipment 990 (To record depreciation expense on equipment.) Cash 4200 Accumulated Depreciation-Equipment 3150 Equipment 6000 Gain on Disposal of Plant Assets 1350 (To record sale of equipment.) Accounts Receivable 6000 IN Sales Revenue 6000 (To record sales revenue.) Cost of Goods Sold 4200 Inventory 4200 Salarles and Wages Expense 7920 Cash 7920 1. Bad Debt Expense 4200 Allowance for Doubtful Accounts 4200 2. Interest Recevable 720 Interest Revenue 720 3. Insurance Expense 2880 Prepald Insurance 2880 4. Depreciation Expense 4800 Accumulated Depreciation-Buildings 4800 . 5. Depreciation Expense 11880 Accumulated Depreciation-Equipment 11880 6. Depreciation Expense 300 10 Accumulated Depreciation-Equipment 300 7. Amortization Expense 1200 Patents 1200 8. Salaries and Wages Expense 2640 Salaries and Wages Payable 2640 9. Interest Expense 5520 Interest Payable 5520 10. Income Tax Expense 18000 Income Taxes Payable 18000 Cash $ 20160 $ Accounts Receivable Notes Receivable Interest Receivable 720 Inventory Prepaid Insurance Land Buildings Equipment TUNNUNCTIONNE Patents Allowance for Doubtful Accounts ULTOODUIT Accumulated Depreciation-Buildings Accumulated Depreciation Equipment Accounts Payable Salaries and Wages Payable Notes Payable Income Taxes Payable 18000 Interest Payable 5520 Common Stock M. Retained Earnings Dividends Sales Revenue 6000 Interest Revenue 720 Gain on Disposal of Plant Assets 1350 Bad Debt Expense 4200 Cost of Goods Sold Income Tax Expense 18000 Depreciation Expense DINTRODATE Insurance Expense 2880 Other Operating Expenses Amortization Expense 1200 Salaries and Wages Expense Totals $ $