2A-4. (Similar to problem 2A-2) Below are the accounts and balances for LILI Corporation as of September 30, 20xl, shown in no particular order. Each balance in the list is a normal balance for that account.
Account Balance
Accounts payable $16,000
Retained earnings $27,100
Supplies expense $1,900
Furniture $234,000
Utility expense $18,600
Cash $300,200
Common stock $29,700
Notes payable $26,000
Rent expense $84,000
Sales revenue $7,300
Advertising expense $12,300
Land $47,000
Wage expense $23,600
Dividends $18,000
Prepaid expense $14,200
Equipment $14,700
Accounts receivable