5 Cash 1 of 2 Merchandise inventory NELSON COMPANY Unadjusted Trial Balance January 31 Debit $ 25,850 14,000 Credit Store supplies Prepaid insurance Store equipment 5,000 2,400 42,600 Accumulated depreciation-Store equipment Accounts payable Common stock Retained earnings $ 18,350 16,000 6,000 34,000 Dividends 2,050 Book Print erences Sales 115,550 Sales discounts 1,950 Sales returns and allowances 2,150 Cost of goods sold 38,000 Depreciation expense-Store equipment 0 Sales salaries expense 15,550 Office salaries expense 15,550 Insurance expense 0 Rent expense-Selling space. 7,500 Rent expense-Office space Store supplies expense Advertising expense Totals Additional Information: a. Store supplies still available at fiscal year-end amount to $2,550. b. Expired insurance, an administrative expense, is $1,650 for the fiscal year. c. Depreciation expense on store equipment, a selling expense, is $1,600 for the fiscal year. 7,500 0 9,800 $ 189,900 $ 189,900 $10. 200 Check my work