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Big Box Store is located in midtown Madison. During the past several years, net income has been 2017, the following accounts appeared in two of

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Big Box Store is located in midtown Madison. During the past several years, net income has been 2017, the following accounts appeared in two of its trial balances dedining because of suburban shopping centers. At the end of the Adjusted Accounts Payable Accounts Receivable Accumulated Depr-Equipment Cash Cost of Goods Sold Freight-Out $26,000 $ 26,000 Notes payable 30,500 30,500 Owner's Capital 33,000 44,000Owner's Drawings 25,000 25,000 Prepaid Insurance 10,000 510,000 Property Tax Expense 38,000 $38,000 88,300 88,300 10,000 10,000 10,000 3,300 2,500 6,400 6,400 Property Taxes Payable 147,000147,000 Rent Expenses Depreciation Expense Insurance Expense Interest Expense Interest Revenue Inventory 15,000 15,000 96,00096,000 720,000 720,000 6,500 11,000 4,500 8,0008,000 8,5008,500 11,000 Salaries and Wages Expense e,700 6,000 6,000 2,1002,100 28,500 28,500 Sales Revenue Sales Commissions Expense Sales Commissions Payable Sales Returns and Allowances Utlities Expense

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