Reference no: EM131261474
What is the proper order for these in the trail balance?
List of Accounts Amounts
Accounting and legal expense $24,525
Accounts payable 3,500
Accounts receivable 28,261
Accumulated depreciation - Buildings 27,500
Accumulated depreciation - Equipment 1,200
Additional paid-in-capital common stock 15,000
Ads 250
Advertising 1,312
Alarm service expense 315
Allowance for doubtful accounts 2,826
Auto repair expense 5,064
Bad debt expense 712
Bank charges 688
Buildings 75,000
Cash 10,467
Commissions paid 20,203
Common Stock ($0.50 par value, 10,000 shares issued and outstanding) 5,000
Contract labor expense 23,482
Corporate license 125
Current maturity on notes payable 2,000
Depreciation 5,950
Sales discounts 18,153
Equipment 30,000
Federal income taxes - balance on prior yr return 2,400
Federal income taxes - estimated taxes 1,500
Franchise 2,000
Fuel 5,263
Gross sales 288,605
Help food expense 936
Inventory (perpetual) 4,260
Labels & posters (part of product cost) 5,562
Land 20,000
Land improvements 15,000
Loans to employees 100
Medical 270
Notes payable 98,000
Office expense 2,607
Parking 80
Patents 500
Phone 2,239
Preferred Stock (5% cummulative) 10,000
Prepaid insurance 5,370
Prepaid rent 65
Product liability insurance expense 14,143
Products (part of product cost) 51,979
Rent 40,000
Rent payable 250
Repairs 3,098
Retained earnings 13,169
Returned/lost/damaged merchandise 3,609
Safe deposit box 75
Salary and wages payable 250
Shipping - UPS 9,986
Shipping paid by client 287
State annual business license 200
Storage 845
Subscriptions 318
Supplies 1,870
Tax Prep 500
Trade show expense 3,161
Trademark 2,500
Utilities 3,400
Utility deposits 1,500
Web site 2,544
Loss on disposal of Vitamin segment (exited this segnment 7/1/2014) 20,000
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