The following account balances pertain to the KH Co. at December 31, 2019 (before adjusting entries). Debit Cash $300,000 Prepaid Insurance 50.000 Land 100,000 Accounts Payable Common Stock Retained Earnings Service Revenue Wages Expense 150,000 Rent Expense 180.000 Total $1,080.000 Additional information The following account balances pertain to the KH Co. at December 31, 2019 (before adjusting entries). Debit Cash $300,000 Prepaid Insurance 50.000 Land 100,000 Accounts Payable Common Stock Retained Earnings Service Revenue Wages Expense 150,000 Rent Expense 180.000 Total $1,080.000 Additional information