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. Also identify whether the transction is debit or credit.