Accounting 1 section 15-spring 2019 Homework: Unit 3 Project (Instructor may require t Score: 42.19 of 50 pts & Comp10-1 (similar to) Specialty Appliance Center-Cape May has just purchased a franchise from Specialty Appliance Center (SAC). i (Click the icon to view the additional information ) Following is the chart of accounts for Specialty Appliance Center-Cape May. As a new business, all beginning balances ar (Click the icon to view the chart of accounts.) Year Ended December 31, 2018 Cost of Goods Sold Choose from any list or enter any number in the input fields and then click Check Answer parts Reference Specialty Appliance Center Cape May Adjusted Trial Balance December 31, 2018 Balance Credit Account Title Cash Petty Cash Accounts Receivable Allowance for Bad Debts Merchandise Inventory Office Supplies Prepaid Insurance Interest Receivable Notes Receivable Land Building Accumulated Depreciation-Building Store Fixtures Accumulated Depreciation-Store Fixtures Office Equipment Accumulated Depreciation- Office Equipment Franchise Accounts Payable Interest Pavahle Debit $ 405,627 250 280,000 s 28,000 99,000 150 1,600 7.500 300,000 80.00d 850,000 28,000 120,000 8,000 60.000 24,000 46,800 260,000 36.000 Print Done Cleat All cld-53869788 centerwinayes Jake Zimmern is to be 1 of 1 (1 complete) HW Sco Reference irst year of ope re 50 Accounts Payable Interest Payable Notes Payable Backer, Capital Backer, Withdrawals Sales Revenue Interest Revenue Cost of Goods Sold Franchise Fee Expense Salaries Expense Utilities Expense Insurance Expense Supplies Expense Bad Debt Expense Bank Expense Credit Card Expense Depreciation Expense-Building Depreciation Expense-Store Fixtures Depreciation Expense-Office Equipment Amortization Expense-Franchise Interest Expense Cash Short and Over Total 260,000 36,000 600,000 530,000 3,000 2,110,000 20,700 911,000 211,000 120,000 13,000 1,600 1,076 28,000 1,940 1,950 28,000 8,000 24,000 5.200 36,000 S 3,644,700 $ 3,644,700 PrintDone