Georgia Craig Below is the end of year trial balance for 2014 and 2015. All amounts are in their normal balance You are also provided 2015 CRI and CP All sales are credit All purchases are for inventory and are on credit There is no other income or expenses GP is 30% Calculate the missing amounts Owners Equity 2014 For 2015 Cash at Bank Inventory Sales COGS 2014 50000 5000 8000 10000 2015 Cash at Bank Accounts Receivable Inventory Accounts Payable Owners Equity Sales COGS 35000 75000 DR Cash 170000 CR Cash Receipts Journal 2015 Accts Receivable 170000 DR Cash 170000 CR Accts Receivable 170000 Cash Receipts Journal 2015 Cash 85000 Cash Payments Journal 2015 Accts Pay 85000