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The accounts in the ledger of Atlantic Furniture Company as of July 2018 are listed in alphabetical order as follows. All accounts have normal
The accounts in the ledger of Atlantic Furniture Company as of July 2018 are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted. Accounts Payable Accounts Receivable $33,500 67,000 Cash ? Common Stock 126,400 Dividends 36,000 Fees Earned 558,200 Insurance Expense 10,600 Land 152,950 Miscellaneous Expense 15,650 Notes Payable 73,000 Prepaid Insurance 5,000 Rent Expense 106,100 Retained Earnings 29,900 Supplies 3,350 Supplies Expense 13,950 Unearned Rent 16,200 Utilities Expense 74,800 Wages Expense 312,600
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