Powell Co. is a retailing business operating in the southeastern US. Powell's fiscal year- end is December 31, and it prepares financial statements just once a year, at year-end. The company has already recorded most of its transaction and adjusting entries for the year ended December 31, 2018. The resulting trial balance follows: Account Debit Credit Cash Allowance for Doubtful Accounts Inventory Land S 379,975 608,230 Accounts Receivable 3,297 317,810 234,972 168,030 836,928 Prepaid Insurance Buildings Accumulated Depreciation Buildings Construction in Progress 209,232 411,000 392,752 Accumulated Depreciation-Equipment Notes Receivable Discount on Notes Receivable 122,735 31,825 4,028| | Accounts Payable 414,815 829,350 217,500 905,625 Notes Payable Common Stock (S5 par) Retained Earnings Dividends Sales Revenue Advertising Expense Cost of Goods Sold Insurance Expense Interest Expense Rent Expense Salaries and Wages Expense Utilities Expense 97,600 4,821.780 85,319 2,974,065 42,931 31,420 20,160 691,705 203,640 $7.528.362 S7.528.362