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close to accounts with a credit balance DR CR Cash 28,000 Accounts receivable 35,000 Inventory 62,000 Equipment 339,000 Accumulated depreciation, equipment 140,000 Accounts payable 110,000

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close to accounts with a credit balance

DR CR Cash 28,000 Accounts receivable 35,000 Inventory 62,000 Equipment 339,000 Accumulated depreciation, equipment 140,000 Accounts payable 110,000 Bank loan payable 73,000 Unearned revenue 21,000 Common shares 10,000 Retained earnings 64,000 Dividends declared 19.000 Sales revenue 524,500 0 L ENG US

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