Cant seem to figure out what is wrong here?
On December 31, after adjustments, Gonzalez Company's ledger
contains the following account balances:
101
Cash
$
94,400
Dr.
111
Accounts Receivable
35,600
Dr.
121
Supplies
8,000
Dr.
131
Prepaid Rent
81,200
Dr.
141
Equipment
128,000
Dr.
142
Accumulated Depreciation—Equip.
4,000
Cr.
202
Accounts Payable
17,000
Cr.
301
Emilio Gonzalez, Capital (12/1/2019)
131,240
Cr.
302
Emilio Gonzalez, Drawing
16,400
Dr.
401
Fees Income
327,200
Cr.
511
Advertising Expense
11,600
Dr.
514
Depreciation...