Trail Balance Adjustments Adjusted Trial Balance Account Debit Credit Debit Credit Debit Credit Cash S 32,800 32,800 Accounts Receivable 45,000 45,000 Office Supplies 1,100 $ 670 430 Prepaid Store Insurance 3,600 2,800 800 Inventory 52,000 S 1,200 53,200 Store Equipment 120,000 120,000 Accumulated Depreciation - Store Equipment $ 80,000 15,500 $ 95,500 Office Equipment 38,000 88,000 Accumulated Depreciation - Office Equipment 32,500 10,000 42,500 Accounts Payable 28,300 28,300 Salaries Payable 5,000 5,000 Unearned Revenue 24,000 12,000 12,000 Note Payable (Due in 3 years) 50,000 50,000 Common Stock 20,000 20,000 Retained Earnings 32,200 32,200 Dividends 10,000 10,000 Sales 885,000 12,000 897,000 Sales Returns and Allowances 36,000 36,000 Cost of Goods Sold 460,000 1,200 458,800 Advertising Expense 36,000 36,000 Depriciation Expense - Office Equipment 10,000 10,000 Depreciation Expense - Store Equipment 15,500 15,500 Sales Salaries Expense 88,500 2,500 91,000 Office Salaries Expense 120,000 2,500 122,500 Sells Department Rent Expense 32,000 32,000 Administration Rent Expense 27,000 27,000 Store Insurance Expense 2,800 2,800 Office Supplies Expense 670 670 $ 1,152,000 $ 1,152,000 $ 47,170 $ 47,170 $ 1,182,500 $ 1,182,500