Practice Retailers ADJUSTED Trial Balance December 31, 2020 Account Title Debit Credit Cash $ 15,000 Accounts Receivable Allowance For Doubtful Accoutns Inventory Office supplies 50,000 5,000 60,000 1,100 Prepaid insurance 2,500 Furniture & Fixtures 50,000 Accumulated depreciation-Equipment 12,500 Building 100,000 Accumulated depreciation-Building $ 25,000 Land Accounts payable 200,000 27,000 Wages payable Unearned Sales Revenue Notes Payable (Long-Term) Common Stock 1,500 10,000 50,000 250,000 Retained Earnings, January 1, 2020 Sales Revenue Sales Returns & Allowances Sales Discounts Cost of Goods Sold Wages Expenses 71,000 200,000 20,000 10,000 100,000 30,000