VAUGHN CONSTRUCTION COMPANY

Unadjusted Trial Balance

December $31,2017$

Cash: Debit $$220,000$

Notes Receivable: Debit $$25,000$

Accounts Receivable: Debit $$22,000$

Inventory, $12/31/16$: Debit $$49,000$

Prepaid Insurance: Debit $$4,300$

Prepaid Rent: Debit $$8,200$

Supplies: Debit $$3,200$

Land: Debit $$29,000$

Equipment: Debit $$95,000$

Accumulated Depreciation $-$ Equipment: Credit $$19,000$

Accounts Payable: Credit $$29,000$

Unearned Rent Revenue: Credit $$12,600$

Mortgage Payable $($due $2019)$: Credit $$77,000$

Owner$$s Capital: Credit $$125,600$

Owner$$s Drawings: Debit $$4,600$

Sales Revenue: Credit $$283,000$

Sales Returns and Allowances: Debit $$2,100$

Sales Discounts: Debit $$2,000$

Purchases: Debit $$52,000$

Purchases Returns and Allowances: Debit $$800$

Purchases Discounts: Debit $$1,200$

Freight$-$in: Debit $$2,800$

Rent Expense: Debit $$21,300$

Salaries and Wages Expense: Debit $$17,500$

Utilities Expense: Debit $$3,000$

Advertising Expense: Debit $$2,000$

Interest Expense: Debit $$2,200$

Interest Revenue: Credit $$14,200$

Rent Revenue: Credit $$2,800$

Totals: Debit $$565,200|$ Credit $$565,200$

The company uses the periodic inventory system. In addition, the following year$-$end information was available to the accountant:

Inventory taken on $12/31/17$ was $$43,000.$

Depreciation on equipment was $$9,500.$

Unpaid accrued salaries were $$3,000.$

Unexpired rent amounted to $$2,400.$

Supplies on hand were $$1,900.$

Accrued sales revenue on $12/31/17$ was $$3,500.$

Expired insurance amounted to $$2,000.$

Interest on the company$$s notes receivable at year$-$end amounted to $$300.$

Unearned rent revenue earned at year$-$end amounted to $$4,600.$