Brookstone Art Supplies, Inc. Adjusted Trial Balance December 31 Debit Credit $9,400 25,000 32,000 Cash Accounts receivable Merchandise inventory 4,000 Inventory returns estimated 900 Office supplies 75,000 Store equipment Accumulated depreciation-store equipment Office equipment Accumulated depreciation-office equipment Accounts payable Sales refund payable Notes payable Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Cost of goods sold Selling expenses $22,000 60,000 15,000 35,000 7,000 10,000 1,000 109,700 48,000 325,000 6,000 16,500 195,000 32,500 19,800 600 General and administrative expenses Interest expense Total $524.700 $524.700 i) 1orite_anunllne statement z) wnte tan eaynin's statemort Grayson Company, Ine. Adjusted Trial Balance December 31 Cash Debit Credc Merchandise inventory Inventory returns estimated Office supplies Store equipment Accumulated depreciation store equipment Building $19,500 27,000 32,000 6,000 1.200 80,000 $25,000 260,000 121,600 20,500 8,000 10,000 1,000 168,900 Accounts payable Sales refund payable Salaries payable Common stock Retained earnings Dividends Sales (net of $8,000 sales discounts and $24,500 sales returns and allowances) Cost of goods sold Salaries expense Depreciation expense store equipment Depreciation expense building Advertising expense Office supplies expense Gain on disposal of store equipment Interest expense Total 45,000 417,500 210,000 38,000 16,000 24,000 12,300 3,500 3,000 1,000 $775500 $775,500 ) unte an ncome statemet a retain eamin's statement