Textbook Problem

Trial balance

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	$ 42,770	Notes Payable	$ 50,000
Accounts Receivable	116,900	Prepaid Insurance	21,600
Cash	7	Rent Expense	48,000
Common Stock	15,000	Retained Earnings	60,000
Dividends	24,000	Supplies	4,275
Fees Earned	745,230	Supplies Expense	6,255
Insurance Expense	3,600	Unearned Rent	12,000
Land	50,000	Utilities Expense	26,850
Miscellaneous Expense	9,500	Wages Expense	580,700

Prepare an unadjusted trial balance, listing the accounts in their normal order and inserting the missing figure for cash.