Greco Resort

Question

Adjusted Trial Balance
August 31, 2007

Debit Credit
Cash $ 19,600
Accounts Receivable 800
Prepaid Insurance 3,375
Supplies 450
Land 20,000
Building 120,000
Accumulated Depreciation- Building 1,080
Equipment 16,000
Accumulated Depreciation—Equipment 360
Accounts Payable 4,500
Unearned Rent Revenue 800
Salaries Payable 375
Interest Payable 1,200
Mortgage Payable 60,000
Common Stock 91,000
Retained Earnings 9,000
Dividends 5,000
Rent Revenue 80,800
Salaries Expense 45,175
Utilities Expense 9,200
Repair Expense 3,600
Insurance Expense 1,125
Supplies Expense 2,150
Depreciation Expense—Cottages 1,080
Depreciation Expense—Furniture 360
Interest Expense 1,200

$249,115 $249,115

Using the adjusted trial balance for Greco Resort, Prepare a classified balance sheet.

I ended up adding all the assets, liabilities and stockholders equity and got $179,865 for total assets, and 178,865 for total liabilities + stockholders equity which doesn't balance.