Sue Show, Inc. Adjusted Trial Balance December 31, 2021 Dr. Cr. Cash Accounts Recei 27,480 34,600 Allowance for Doubtful Accounts 3,000 Merchandise In 59,640 Prepaid Insuran 13,600 Land 150,000 Office Equipmer 46,000 Accumulated Depreciation-Office Equipment 16,865 Buildings 325,000 Accumulated Depreciation-Buildings 48,125 Timber 15,000 Accumulated Depletion-Timber 2,700 Patent Accounts Payab Salaries Payabl 12,500 27,654 6,000 Interest Payable Customer Refunds Payable 1,550 5,750 Unearned Rent Notes Payable 1,800 337,000 Capital, Sue Shi 119,326 Sue Show, Drav 5,750 Sales 527,640 Purchases 312,000 Purchases Returns and Allowances 3,700 Purchase Disco 6,870 Freight-in 4,865 Bad Debt Exper 2,700 Insurance Exper 1,600 Interest Expensi 21,400 Repairs and Maintenance Expense 7,750 Salaries Expens 37,250 Advertising Exp 5,700 Depreciation Ex 11,815 Depletion Exper Amortization Ex Utilities Expense Rent Revenue 1,200 3,000 12,750 3,620 1,111,600 1,111,600 Other data: (1) Inventory on 86,429 (2) Bad Debt Expense, Insurance Expense, Repairs and Maintenance Expense, Depletion Expense, Amortization Expense, and Utilities Expense are 100% administrative. (4) Depreciation Expense and Salaries Expense are 60% administrative and 40% selling. (3) Advertising Expense is 100% selling. (5) Portion of Nc (6) Sue Show's Instructions: Prepare a(n) Points Classified Balance Sheet 15 Multi-step Income Statement Statement of Owner's Equity Closing entries Total 15 8 45 37,000 5,400