Unadjusted Trial Balance

Accounts Debit Credit
Cash 1,000
Universal Bank 23,500
Accounts Receivable 16,150
Allowance for doubtful accounts 807
Marketable securities 2,200
Office supplies 500
Inventory 44,970
Furniture & Fixtures 22,000
Accumulated Depreciation - F&F 6,800
Accuonts payable 5350
Unearned 1,200

Short term notes 850 payable 10,500
Long term debt
Owner's Equity 32.805
Drawings 2,500
Sales
Return and allowances on sales 3,500
Purchases 15,950
Purchases returns andallowaces 3,250
Purchases discount 250
Freight In 220
Cost of goods sold
Rent expense 5,500
Supplies expense 300
Depreciation expense 6,800
Bad debt expense 1,700
Utilities 350
Insurance 875
Repairs and maintenance 1,500
Cleaning 150
Water 95
Advertising expense 525
Miscellaneous 25

150,310 150,310



Additional information available at year end
1. Culling water was bought for $50 cash.
2. The bank reconciliation showed a transposition error of $18. The check was for advertising expense for $357, but the bookkeeper wrote the check for $375.
3. Office supplies count at year end showed $125 worth of supplies on hand.
4. You have calculated depreciation on the Furniture & Fixture, under the straight-line method to be $2500.
5. A physical count of the inventory at the year end shows the ending figure to be $14520.