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Please prepare a balance sheet Our Favorite Store Adjusted Trial Balance December 31, 2021 Account Title Credit Debit 863,400 42,800 2,140 173,000 675 12,000 285,000

Please prepare a balance sheet

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Our Favorite Store Adjusted Trial Balance December 31, 2021 Account Title Credit Debit 863,400 42,800 2,140 173,000 675 12,000 285,000 Cash Accounts Receivable Allowance for Doubtful (Uncollectible) Accounts Inventory Supplies Prepaid Rent Equipment Accumulated Depreciation - Equipment Accounts Payable Income Taxes Payable Interest Payable Salaries Payable Utilities Payable Notes Payable Common Stock, $2 par value Additional Paid In Capital - Common Preferred Stock, $25 par value Retained Earnings Dividends Sales Revenue Sales Discounts Sales Returns and Allowances Gains Cost of Goods Sold Bad Debt Expense Depreciation Expense Interest Expense Maintenance and Repair Expense Rent Expense Salary Expense Supplies Expense Tax Expense Utilities Expense 37,250 104,800 136,584 3,150 14,000 2,200 90,000 150,000 215,000 175,000 59,000 10,000 950,000 17,000 12,000 5,000 237,000 2,940 25,250 5,550 2,400 21,000 87,400 6,725 132,584 7,400 1,944,124 1,944,124

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