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Comprehensive Accounting Cycle Review 6 On December 1, 2017, Blue Spruce Corp. had the account balances shown below. Debits Credits Cash $4,810 Accumulated DepreciationEquipment $1,550

Comprehensive Accounting Cycle Review 6

On December 1, 2017, Blue Spruce Corp. had the account balances shown below.

Debits

Credits

Cash $4,810 Accumulated DepreciationEquipment $1,550
Accounts Receivable 3,740 Accounts Payable 3,150
Inventory (3,300 x $0.60) 1,980 Common Stock 9,900
Equipment 22,700 Retained Earnings 18,630
$33,230 $33,230

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