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18 AUDIT CYCLE 10 pt page 3 DebitCredit Trial Balance Cash in bank Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Equipment Building Accumulated

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18 AUDIT CYCLE 10 pt page 3 DebitCredit Trial Balance Cash in bank Accounts receivable Allowance for doubtful accounts Inventory Prepaid expenses Equipment Building Accumulated depreciation Accounts payable Payroll payable Notes payable long term Capital stock Retained earnings Sales Cost of goods sold Salary expense Advertising expense Utility expense Income tax expense 15 19 12 18 26 51 Provide the accounts that would be associated with each transaction cycle CYCLE Sales and collections Balance Sheef CCOUNT Income statem Acquisition and payment Payroll and personnel ventory and warehousing

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