Question Presented below is the December 31 trial balance of Juno Beach Clothing, Inc. JUNO BEACH CLOTHING, ING s 23,850 16,000 Allowance for Doubtlul Acoounts $ 600 3,600 5.200 60,000 Inventory, December 31 Equipment Accumulated Depreciation- Equipment Notes Payable 26,000 21,000 18,400 10,000 76,550 307.300 Accounts Payable Common Stock Retained Earning Sales Revenue Cost of Goods Sold Salaries and Wages Expense (sales) Advertising Expense 204.150 56,850 26,700 79,300 4,200 Salaries and Wages Expense (administrative) Supplies Expense $549,850 $549,850 The books are closed yearly on December 31. Additional information is provided below: 1. Bad debt expense is estimated to be $1,600 2. Equipment is depreciated based on a 8-year life (no salvage value), 3. Insurance expired during the year $3,650. 4. Interest accrued on notes payable $2,050. 5. Sales salaries and wages earned but not paid $2,750. 6. Advertising paid in advance $1,100, charged to Advertising Expense when purchased 7. Office supplies on hand $900, charged to Supplies Expense when purchased. Prepare an adjusted trial balance. 31Page