The accounts in the ledger of Hickory Furniture Company as of December 31, 2016, are listed in alphabetical order as follows. All accounts have normal balances. The balance of the cash account has been intentionally omitted.
| Accounts Payable |
$ 43,280 |
|
Notes Payable |
$ 47,000 |
| Accounts Receivable |
116,510 |
|
Prepaid Insurance |
20,800 |
| Cash |
? |
|
Rent Expense |
44,000 |
| Common Stock |
15,000 |
|
Retained Earnings |
60,000 |
| Dividends |
23,500 |
|
Supplies |
4,660 |
| Fees Earned |
746,470 |
|
Supplies Expense |
6,990 |
| Insurance Expense |
3,200 |
|
Unearned Rent |
10,600 |
| Land |
47,000 |
|
Utilities Expense |
26,600 |
| Miscellaneous Expense |
9,000 |
|
Wages Expense |
572,400 |