Unadjusted Adjusted Unadjusted Adjusted Accounts Payable $25,200 $25,200 Inventory $29,000 $29,000 Accounts Receivable 30,500 30,500 Notes payable 37,000 37,000 Accumulated Depr.-Equipment 34,000 45,000 Prepaid Insurance 10,500 3,500 Cash 26,000 26,000 Property Tax Expense 2,500 Common Stock 40,000 40,000 Property Taxes Payable 2,500 Cost of Goods Sold 507,000 507,000 Rent Expense 15,000 15,000 Dividends 10,000 10,000 Retained Earnings 61,700 61,700 Freight-Out 6,500 6,500 Salaries and Wages Expense 96,000 96,000 Equipment 146,000 146,000 Sales Commissions Expense 6,500 11,000 Depreciation Expense 11,000 Sales Commissions Payable 4,500 Insurance Expense 7,000 Sales Returns and Allowances 8,000 8,000 Interest Expense 6,400 6,400 Sales Revenue 700,000 700,000 Interest Revenue 8,000 8,000 Utilities Expense 8,500 8,500