Beachside Realty Rents Condominiums and Furnishings

Beachside Realty rents condominiums and furnishings. Below is the adjusted trial balance at December 31. $\begin{array}{|l|l|l|}\hline & \text { Debit } & \text { Credit } \\\hline \text { Cash } & 1,500 & \\\hline \text { Accounts Receivable } & 2,000 & \\\hline \text { Interest Receivable } & 100 & \\\hline \text { Prepaid Insurance } & 1,600 & \\\hline \text { Notes Receivable long-term) } & 2,800 & \\\hline \text { Equipment } & 15,000 & \\\hline \text { Accumulated Depreciation } & 3,000 \\\hline \text { A.ccounts Payable } & & 2,400 \\\hline \text { Accrued Expenses Payable } & & 3,920 \\\hline \text { Income Taxes Payable } & & 2,700 \\\hline \text { Unearned Rent Fees } & & 500 \\\hline \text { Common Stock } & & 5,000 \\\hline \text { Retained Earnings } & & 2,700 \\\hline \text { Dividends } & 2,000 & \\\hline \text { Rent Fees Earned } & & 37,000 \\\hline \text { Furniture Rental Revenue } & & 1,200 \\\hline \text { Interest Revenue } & & 100 \\\hline \text { Wages Expense } & 19,000 & \\\hline \text { Depreciation Expense } & 1,800 & \\\hline \text { Utilities Expense } & 320 & \\\hline \text { Insurance Expense } & 700 & \\\hline \text { Maintenance Expense } & 9,000 & \\\hline \text { Income Tax Expense } & 2,700 & \\\hline & 58,520 & 58,520 \\\hline\end{array}$