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Information from the unadjusted trial balance of Electric Bike on December 31, 2020, the end of the annual accounting period, is as follows: Cash..........
Information from the unadjusted trial balance of Electric Bike on December 31, 2020, the end of the annual accounting period, is as follows: Cash.......... Accounts receivable Merchandise inventory.......... Store supplies...... $ 8,200 22,765 34,700 2,465 Office supplies. 785 Prepaid insurance 3,355 Equipment 75,590 Accumulated depreciation, equipment.... 13,755 Accounts payable....... 8,100 Salaries payable -0- Braeden Li, capital. 170,715 Braeden Li, withdrawals........ 62,500. Interest income 320 Sales............. 529,500 Sales returns and allowances.............. 5,170
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