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You have the above trial balance prepared by the company's bookkeeper. You take comfort is knowing that it balances. Review it closely. Based on what

You have the above trial balance prepared by the company's bookkeeper. You take comfort is knowing that it balances. Review it closely. Based on what you see or do not see, discuss what information you might need to arrive at the necessary adjustments
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Paul's Guitar Shop, Inc. Unadjusted Trial Balance December 31, 2015 Account Debit Credit $32,800 300 39,800 100,000 Cash Accounts Receivable Inventory Leasehold Improvements Accounts Payable Long-term Liabilities Common Stock Dividends Revenues Cost of Goods Sold Rent Expense Supplies Expense Utilities Expense Wages Expense Interest Expense $49,000 99,500 10,000 1,000 27,800 10,200 500 500 200 500 500 Totals $ 186,300 (186,300)

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