COMPREIENSIVE PROBLEM COMPLETING A MERCI IANDISER'S ^CCOUNTNG CYCLE The end-of-month trial balance of L.ake Placid Building Materials, Inc., at Janunry 31 of the current year follows: LAKE PPLACID BUILDING MATERIALS, INC. TRIAL BALANCE ANUARY 31, 19XX Balans Ascount 6430 Cas.. Accounts receivable Inventory. Supplies 19,090 65,400 2,700 8, 170 Building Accumulated depreciation-building Fixtures Accumulated depreciation-fixtures Accounts payable. 36,000 4,00 5,800 28,300 Salary payab. Interest payable. Unenrned sales revenue Note payable, long-ter Common stock... Retained earning. Dividends Sales revenue Sales discoun Sales returns and allowances. 6,560 87,000 20,000 124,980 9,200 177,970 7,300 .140 103,000 21.520 Cost of goods sold. Selling expense. General expense Interest expense. Total 10,060 Additional data at January 31, 19xX: a. Supplies consumed during the month, $1,500. Half is selling expense, and the other half is general expense. b. Depreciation for the month: building.34,000, isures, 4.800 Ouve-fourth of depreciation is selling expense, and three fourths is general expense c. Unearned sales revenue still uneamed, S1.200