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The following balances were drawn from the accounts of Carter Company. The accounts and balances shown here are presented in random order: Equipment-$14,000; Cash-$25,000;

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The following balances were drawn from the accounts of Carter Company. The accounts and balances shown here are presented in random order: Equipment-$14,000; Cash-$25,000; Depreciation Expense-$7,000; Notes Payable-$22,000; Common Stock- $41,000; Accumulated Depreciation-$7,000; Interest Expense-$1,000; Cost of Goods Sold-$32,000; Retained Earnings-$12,000; Allowance for Doubtful Accounts-$2,000; Merchandise Inventory-$19,000; Interest Payable-$1,000; Sales Revenue-$52,000; Uncollectible Accounts Expense-$2,000; and Accounts Receivable-$37,000. Required Prepare an adjusted trial balance. CARTER COMPANY Trial Balance Account Titles Debit Credit Totals $ 0 $ 0

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