The December 31, 2016, adjusted trial balance for the Blueboy Cheese Corporation is presented below.

Debits Credits Account litie Cash Accounts receivable Prepaid rent Inventory Office equipment Accumulated depreciation-office equipment Accounts payable Note payable (due in six months) Salaries payable Interest payable Common stock Retained earnings Sales revenue Cost of goods sold Salaries expense Rent expense Depreciation expense Interest expense Advertising expense 17,300 340,000 14,000 53,000 630,000 262,000 76,000 69,000 7,700 2,300 400,000 160,000 770,000 462,000 115,500 42,000 63,000 4,600 5,600 Totals 1,747,000 1,747,000