Sarnia Eco-Retailers
Adjusted Trial Balance for the year ending:
31-Dec-17
Account	Dr	Cr
Cash	$ 493,470	$-
Sales Receivables	$ 301,500	$-
Inventory	$ 145,260	$-
Prepaid rent	$ 32,400	$-
Property Plant and Equipment	$ 405,000	$-
Accumulated Depreciation	$-	$ 45,000
Accounts Payable	$-	$ 90,000
Term Loan	$-	$ 270,000
Capital	$-	$ 810,000
Drawings	$ 45,000	$-
Sales Revenue	$-	$1,021,500
Other Income	$-	$ 58,500
Sales Returns and Allowances	$ 9,000	$-
Sales Discounts	$ 14,220	$-
Purchases	$ 630,000	$-
Purchase Returns and Allowances	$-	$ 52,200
Purchase Discounts	$-	$ 28,800
Delivery Charges (Freight in)	$ 9,000	$-
Depreciation Expense	$ 45,000	$-
Insurance Expense	$ 22,500	$-
Interest Expense	$ 23,400	$-
Rent Expense	$ 54,000	$-
Wages	$ 99,000	$-
Supplies Expense	$ 40,500	$-
Toronto Hydro	$ 6,750	$-
Total	$2,376,000	$2,376,000

The Company utilizes Periodic Inventory System Inventory balance shown in the table above is the balance on Jan 1, 2017. Trial Balance Footnotes: 37% of Wages are direct Wages (i.e. a part of COGS).

Ending Inventory	$ 80,000
current portion Long-Term Debt	$ 19,050

hbjvjv