Using the working Trial balance sheet, complete the Balance Sheet and make any adjustments to Closing entries(and the balance sheet) as needed. Im stuck on the balance sheet as Im not sure what can be considered the plant equipment so if you can clarify this for me aswell, I will really appreciate it

Adjusting Entries Debit Credit 2,000 ? ? ? 2,000 1,000 9,000 3,000 12/31/2015 12/31/2016 Post Closing Trial Balance Unadjusted Trial Balance Debit Credit Debit Credit 10000 Cash - Checking 195,500 312,000 a 12000 Accounts Receivable 21,000 46,750 ? 13200 Inventory 35,000 6,250 ? 15000 Furniture and Equipment 3,000 13,000 ? 17000 - Accumulated Depreciation 500 500 e ? 18000 Prepaid Rent 3,000 b 18700 Prepaid Insurance 2,000 12,000 C ? 20000 Accounts Payable 42,500 38,000 21000 Payroll Payable 2,000 11,000 d 23000 Accrued Expenses 500 2,000 24000 Note Payable - Current 12,000 28000 Note Payable - Long Term 88,000 30100 Capital Stock 1,000 1,000 30200 Dividends Paid 2,000 32000 Retained Earnings 210,000 210,000 47900 Sales 378,750 51000 Cost of Goods Sold 153,750 62400 Depreciation Expense e 63300 Insurance Expense 8,500 C 63400 Interest Expense 10,000 64300 Meals and Entertainment 800 64900 Office Supplies 400 65600 Payroll Expenses 102.000 66700 Professional Fees 3,000 66750 Rent Expense 43,300 68400 Travel Expense 17,000 68600 Utilities 7,500 $ 256,500 $ 256,500 $ 741,250 $ 741,250 - 12/31/2016 Adjusted Trial Balance Debit Credit 310,000 46,750 6.250 13,000 2,500 4,000 3,000 38,000 8,000 2,000 12,000 88,000 1,000 4.000 210,000 378,750 153,750 2,000 17,500 10,000 800 400 99,000 3,000 42.300 17,000 7.500 740,250 740, 250 12/31/2016 Post Closing Trial Balance Debit Credit 310,000 ? 46,750 ? 6,250 ? 13,000 ? 2,500 4,000 2 3,000 ? ? 38,000 ? 8,000 2 2,000 ? 12,000 ? 88,000 ? 1,000 - ? 231,500 ? ? 2 ? ? Closing Entries Debit Credit ? 2 ? ? 2 2 ? ? 2 2 2 ? ? 2 ? ? ? ? ? ? ? ? ? ? ? ? 4,000 353,250 378,750 378,750 ? ? 153,750 2 2.000 2 17,500 ? 10,000 2 800 2 400 ? 99,000 ? 3,000 2 42,300 ? 17,000 ? 7.500 732,000 736,000 ? a 2,000 2,000 9,000 ? d 3,000 ? ? ? ? ? ? b 1,000 17,000 17.000 383,000 383,000 Silver Tone Partners, Inc. BALANCE SHEETS As of December 31, 2016 & 2015 2016 2015 Variance ASSETS Current Assets Cash 15000 Furniture and Equipment 13200 Inventory Total Current Assets $ $ $ $ $ $ 310,000 13,000 6,250 329,250 195,500 3,000 35,000 233,500 114,500 10,000 28,750 95,750 $ $ $ ? Property, Plant & Equipment ? ? Total Property, Plant & Equipment ? ? ? ? ? ? ? ? Other Assets ? ? Total Other Assets (...... ? ? .... ? TOTAL ASSETS ? ? ? LIABILITIES & STOCKHOLDER'S EQUITY Current Liabilities ? ? ? ? Total Current Liabilities " " * ? ? ? ? ? ? ? ? ? . . . . . ? Long Term Liabilities ? Total Long Term Liabilities ? ? ? ? ? ? Total Liabilities ? ? ? Stockholder's Equity ? ? Total Stockholder's Equity ? ? ? ? ? ? ? ? ? TOTAL LIABILITIES & STOCKHOLDER'S EQUITY