Use the following to answer questions 13 - 15:

Presented below is a partial trial balance for the Princess Corporation at December 31, 2019. Account Title

Debits

Credits

Cash & Equivalents

30,000

Cash restricted for the repayment of bonds payable

100,000

Accounts Receivable

195,000

Allowance for Doubtful Accounts

24,000

Notes Receivable (due November 1, 2020)

120,000

Interest Receivable (on notes receivable)

4,000

Raw Materials Inventory

36,000

Work in Process Inventory

38,000

Finished Goods Inventory

98,000

Marketable Securities

48,000

Prepaid Insurance (expires by June 30, 2020)

60,000

Land

100,000

Buildings

1,500,000

Equipment

400,000

Accumulated Depreciation - Buildings

740,000

Accumulated Depreciation - Equipment

230,000

Patents (net of amortization)

120,000

Unearned Revenue

48,000

Bonds Payable (mature on September 30, 2023)

500,000

Interest Payable (on bonds)

7,000

Accounts Payable

240,000

Salaries Payable

6,000