City Department Store Trial Balance Amounts January 1, 2022 Accounts Payable $47,290 Accounts Receivable 12,300 Accumulated Amortization-Delivery Equipment 20,300 Accumulated Amortization-Store Equipment 39,900 Amortization Expense-Delivery Equipment 3,000 Amortization Expense-Store Equipment 13,500 B. Cobalt, Capital 42,600 B. Cobalt, Drawings Cash 15,000 10,000 Delivery Equipment 61,000 Delivery Expense 8,300 Freight In 6,010 GST Charged on Sales 63,000 GST Paid on Purchases 45780 Insurance Expense 8,000 Interest Expense 9,000 Interest Revenue 4,500 Merchandise Inventory 33,600 Long Term Notes Payable 50,000 Prepaid Insurance 5,400 Property Tax Expense 3,900 Property Taxes Payable 4,000 PST Charged on Sales 70500 PST Paid on Purchases 52000 Purchase Returns and Allowances 3,000 Purchases 654,000 Rent Expense 20,000 Salaries Expense 125,000 Sales 900,000 Sales Commissions Expense 15,500 Sales Commissions Payable 8,000 Sales Returns and Allowances 11,000 Store Equipment 130,000 Utilities Expense 10,800 Totals $2,506,180