Credit $20,000 42,400 P3-15 Comprehensive On November 30, 2007 the Zu Company had the following account balances: Debit Credit Debit Cash $ 3,090 Capital stock, no-par (2,000 shares) Accounts receivable 9,900 Retained earnings (1/1/2007) Allowance for doubtful accounts $ 100 Dividends distributed $ 2,000 Inventory 17,750 Sales revenue Supplies 1,400 Sales returns 6,300 Land 9,000 Cost of goods sold 36,860 Buildings and equipment 42,000 12,500 Accu ulated depreciation 4,200 Advertising expense 8,100 Accounts payable 10,700 Other expenses 4,500 76,000 Salaries expense Credit $20,000 42,400 P3-15 Comprehensive On November 30, 2007 the Zu Company had the following account balances: Debit Credit Debit Cash $ 3,090 Capital stock, no-par (2,000 shares) Accounts receivable 9,900 Retained earnings (1/1/2007) Allowance for doubtful accounts $ 100 Dividends distributed $ 2,000 Inventory 17,750 Sales revenue Supplies 1,400 Sales returns 6,300 Land 9,000 Cost of goods sold 36,860 Buildings and equipment 42,000 12,500 Accu ulated depreciation 4,200 Advertising expense 8,100 Accounts payable 10,700 Other expenses 4,500 76,000 Salaries expense