Post-Closing Trial Balance
As of December 31, 2019
Account	Debit	Credit
Cash	1,900
Accounts Receivable	5,100
Inventories	13,900
Prepaid Insurance	500
Prepaid Rent	600
Supplies	200
Land	12,000
Buildings	60,000
Accumulated Depreciation - Buildings		21,875
Equipment	1,900
Accumulated Depreciation - Equipment		1,580
Vehicles	18,100
Accumulated Depreciation - Vehicles		5,545
Patents	2,100
Accumulated Amortization - Patents		1,000
Copyrights	6,600
Accumulated Amortization - Copyrights		600
Accounts Payable		5,500
Income Taxes Payable		4,100
Wages Payable		1,200
10% Bonds Payable (due 12/31/2025)		15,000
Discount on Bonds Payable	1,000
Preferred Stock, $100 par, 170 shares outstanding		17,000
Additional Paid-In Capital: Preferred Stock		1,500
Common Stock, $10 par, 1,400 shares outstanding		14,000
Additional Paid-In Capital: Common Stock		11,200
Retained Earnings		23,800
Totals	123,900	123,900

Use this sheet to prepare your Balance Sheet for 2020. Use the format discussed in class and in your book.