The An accounting form that is used to record the increases and decreases in each financial statement item.accounts in the A group of accounts for a business.ledger of Hickory Furniture Company as of December 31, 2019, are listed in alphabetical order as follows. All accounts have The normal balance of an account can be either a debit or a credit depending on whether increases in the account are recorded as debits or credits.normal balances. The balance of the cash account has been intentionally omitted.

Accounts Payable	$32,150
A claim against the customer created by selling merchandise or services on credit.Accounts Receivable	64,300
Cash	?
Elaine Wells, Capital	150,000
Elaine Wells, Drawing	35,000
Fees Earned	535,700
Insurance Expense	10,200
Land	146,800
Miscellaneous Expense	15,000
Notes Payable	70,000
Prepaid Insurance	4,800
Rent Expense	101,800
Supplies	3,200
Supplies Expense	13,400
Unearned Rent	15,500
Utilities Expense	71,800
Wages Expense	300,000

Prepare an A summary listing of the titles and balances of accounts in the ledger prior to the posting of adjusting entries.unadjusted trial balance, listing the accounts in their proper order and inserting the missing figure for cash. For those boxes in which no entry is required, leave the box blank.

Hickory Furniture Company
Unadjusted Trial Balance
December 31, 2019
	Debit Balances	Credit Balances
Accounts Payable Cash Elaine Wells, Capital Elaine Wells, Drawing Fees Earned Insurance Expense Notes Payable Rent Expense Unearned Rent
Accounts Receivable Fees Earned Insurance Expense Miscellaneous Expense Notes Payable Rent Expense Unearned Rent Utilities Expense Wages Expense
Accounts Payable Elaine Wells, Capital Fees Earned Miscellaneous Expense Supplies Supplies Expense Unearned Rent Utilities Expense Wages Expense
Accounts Payable Elaine Wells, Drawing Fees Earned Insurance Expense Notes Payable Prepaid Insurance Unearned Rent Utilities Expense Wages Expense
Elaine Wells, Capital Elaine Wells, Drawing Land Miscellaneous Expense Notes Payable Rent Expense Supplies Expense Utilities Expense Wages Expense
Accounts Payable Accounts Receivable Cash Land Miscellaneous Expense Prepaid Insurance Supplies Supplies Expense
Accounts Receivable Elaine Wells, Capital Elaine Wells, Drawing Insurance Expense Land Miscellaneous Expense Unearned Rent Utilities Expense Wages Expense
Elaine Wells, Capital Elaine Wells, Drawing Fees Earned Insurance Expense Miscellaneous Expense Notes Payable Prepaid Insurance Rent Expense Supplies
Accounts Receivable Elaine Wells, Capital Fees Earned Land Notes Payable Prepaid Insurance Rent Expense Utilities Expense Wages Expense
Cash Elaine Wells, Capital Elaine Wells, Drawing Fees Earned Miscellaneous Expense Notes Payable Supplies Supplies Expense Utilities Expense
Fees Earned Insurance Expense Miscellaneous Expense Notes Payable Prepaid Insurance Rent Expense Unearned Rent Utilities Expense Wages Expense
Cash Elaine Wells, Capital Elaine Wells, Drawing Fees Earned Land Notes Payable Prepaid Insurance Unearned Rent Wages Expense
Accounts Payable Accounts Receivable Cash Elaine Wells, Capital Elaine Wells, Drawing Fees Earned Land Rent Expense Unearned Rent
Accounts Receivable Cash Elaine Wells, Capital Land Notes Payable Prepaid Insurance Supplies Unearned Rent Utilities Expense
Accounts Payable Elaine Wells, Capital Elaine Wells, Drawing Land Notes Payable Prepaid Insurance Supplies Supplies Expense Unearned Rent
Accounts Receivable Elaine Wells, Capital Elaine Wells, Drawing Fees Earned Insurance Expense Notes Payable Prepaid Insurance Supplies Unearned Rent
Elaine Wells, Capital Elaine Wells, Drawing Fees Earned Land Miscellaneous Expense Notes Payable Prepaid Insurance Supplies Unearned Rent