Assume ending Merchandise Inventory is $36,100

Tucker Department Store Adjusted Trial Balance December 31, 2018 Balance Account Title Debit Credit Cash $ 8,600 85,000 37,900 Accounts Receivable Merchandise Inventory (beginning) Office Supplies Furniture 600 83.000 $ 18,600 29,000 Accumulated DepreciationFurniture Accounts Payable Salaries Payable Unearned Revenue 2,200 14,700 Notes Payable, long-term 32,000 Common Stock 30,000 Print Done Data Table Accounts Payable 29,000 Salaries Payable 2,200 Unearned Revenue 14,700 32,000 Notes Payable, long-term Common Stock 30,000 Retained Earnings 32,900 Dividends 88,500 Sales Revenue 388,000 Purchases 293,000 Purchase Returns and Allowances 115,000 Purchase Discounts 6,100 100 Freight in Selling Expense Administrative Expense 41,600 26,900 3,300 Interest Expense $ Total 668,500 $ 668,500 To close revenues and other credit accounts Close expenses and any contra-revenue accounts for the period Date Debit Credit Dec 31 Clos (2) Accounts and Explanation Income Summary Purchases Freight in Merchandise Inventory (beginning) Selling Expenses Administrative Expenses Interest Expense To close expenses and other debit accounts Choose from any list or enter any number in the input fields and then click Check