Problem 3-09 (Part Level Submission) Presented below is the trial balance of the Wildhorse Golf Club, Inc. as of December 31. The books are closed annually on December 31. WILDHORSE GOLF CLUB, INC. TRIAL BALANCE DECEMBER 31 Debit Credit Cash $16,180 Accounts Receivable 13,900 Allowance for Doubtful Accounts $1,000 Prepaid Insurance 9,360 Land 379,300 Buildings 120,000 Accumulated Depreciation-Buildings 39,796 Equipment 156,700 Accumulated Depreciation-Equipment 71,610 Common Stock 418,700 Retained Earnings 118,522 Dues Revenue 190,300 Green Fees Revenue 6,192 Rent Revenue 18,700 Utilities Expenses 57,220 Salaries and Wages Expense 84,200 Maintenance and Repairs Expense 27,960 $864,820 $864,820