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Healthy Eating Foods Company is a distributor of nutritious snack foods such as granola bars. On December 31, 20X1, the firm's general ledger contained
Healthy Eating Foods Company is a distributor of nutritious snack foods such as granola bars. On December 31, 20X1, the firm's general ledger contained the accounts and balances that follow. ACCOUNTS AND BALANCES Cash Accounts Receivable Allowance for Doubtful Accounts Merchandise Inventory Supplies Prepaid Insurance Office Equipment Accumulated Depreciation-Office Equipment Warehouse Equipment Accumulated Depreciation-Warehouse Equipment Notes Payable-Bank Accounts Payable Interest Payable Social Security Tax Payable Federal Unemployment Tax Payable Medicare Tax Payable State Unemployment Tax Payable $ 29,200 Dr. 34,300 Dr. 330 Cr. 85,100 Dr. 9,500 Dr. 4,328 Dr. 6,900 Dr. 2,560 Cr. 18,700 Dr. 7,800 Cr. 27,500 Cr. 11,300 cr. 1,590 Cr. 379 Cr.
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