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The following is a December 31, 2018, post-closing trial balance for Almway Corporation. Account Title Cash Investments Accounts receivable Inventories Prepaid insurance (for the next

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The following is a December 31, 2018, post-closing trial balance for Almway Corporation. Account Title Cash Investments Accounts receivable Inventories Prepaid insurance (for the next 9 months) Debits 45,000 110,000 60,000 200,000 Credits 9,000 90,000 Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment Patents (net of amortization) Accounts payable Notes payable Interest payable Bonds Payable Common stock Retained earnings Totals 420,000 110,000 10,000 100,000 60,000 75,000 130,000 20,000 240,000 300,000 129,000 1,054,000 1,054,000

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