Prepare an adjusted trial balance from the following account information, considering the adjustment data provided (assume accounts have normal balances). Accounts payable $11,700 Accounts receivable 17,100 Administrative expense 54,800 Cash 44,800 Common stock 30,000 Prepaid insurance 16,000 Service revenue 91,000 Adjustments needed: Salaries due to administrative employees, but unpaid at period end, $2,000 Insurance still unexpired at end of the period, $12,000
