The following account balances are found in the ledger of Virgil Dry Cleaning on December 31, 2021.


Licenses and Taxes
P 400
Notes Receivable
1,500
Office Expense
350
Rent Expense
800
Office Equipment
1,970
Accounts Payable – XYZ Co.
1,250
Accounts Receivable – Regency Hotel
900
Accounts Receivable – Medical City
700
Accounts Receivable – City Hotel
500
Virgilio Inlayo, Capital
32,700
Virgilio Inlayo, Drawing
3,000
Cash on Hand
500
Cash on Bank
5,000
Cleaning Equipment
20,000
Insurance Expense
150
Notes Payable
2,000
Delivery Truck
7,800
Cleaning Supplies Used
2,100
Utilities
500
Salaries
4,800
Gas and Oil Expense
890
Dry Cleaning Income
15,910

Prepare: Trial Balance