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Problen The following trial balance was taken from the books of coYOTE Co on Dec. 31, 2016 Account Debit Credit Cash Accounts receivable Allowance for
Problen The following trial balance was taken from the books of coYOTE Co on Dec. 31, 2016 Account Debit Credit Cash Accounts receivable Allowance for doubtful accounts Prepaid insurance Inventory, January 1, 2016 Furniture and equipment Accumulated depreciation Patents copyrights accounts payable Accrued expenses Bonds payable Common stock Retained earnings Dividends Sales Rental revenue Loss on fire (extra ordinary) Purchase salary expense Rent expense $10,000 50,000 $2,000 30,000 50,000 290,000 140,000 50,000 50 000 38 00 30,000 38,000 30,000 50,000 60,000 20,000 30,000 400,000 50,000 5 10,000 200,000 70,000 30,000 Totals
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