The following trial balance for Magill Company has errors that cause it to be out of balance. MAGILL COMPANY Unadjusted Trial Balance December, 31, 2019 Debit Credit Cash $20,000 Inventory $85,000 Accounts receivable 30,000 Accounts payable 12,000 Common stock 40,000 Retained earnings 58,000 Sales revenue 100,000 Cost of goods sold 60,000 Selling expenses 15,000 Totals $225,000 $195,000 Prepare a corrected version of the trial balance for Magill Company. (All accounts have normal balances.) MAGILL COMPANY Adjusted Trial Balance December, 31, 2019 Cash Inventory Accounts receivable Accounts payable Common stock Retained earnings Sales revenue Cost of goods sold Selling expenses Totals Debit $ $ Credit