Comprehensive Problem 8 (Part Level Submission) Victoria Company balance sheet at December 31, 2013, is presented below. VICTORIA COMPANY Balance Sheet December 31, 2013 Cash Accounts receivable Allowance for doubtful accounts Inventory $13,650 Accounts payable 21,800 Common stock $9,000 17,300 17,510 (740) Retained earnings 9,100 $43,810 $43,810 During January 2014, the following transactions occurred. Victoria uses the perpetual inventory method