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Problem 3-10 Presented below is the December 31 trial balance of Marigold Boutique. MARIGOLD BOUTIQUE TRIAL BALANCE DECEMBER 31 Cash Accounts Receivable Allowance for Doubtful Accounts Inventory, December 31 Prepaid Insurance Equipment Accumulated DepreciationEquipment Notes Payable Common Stock Retained Earnings Sales Revenue Cost of Goods Sold Salaries and Wages Expense (sales) Advertising Expense Salaries and Wages Expense (administrative) Supplies Expense Debit $20,700 38,200 84,250 5,240 g 1,000 502,400 55,500 5,920 67,040 4,570 $876,820 Credit $632 32,420 25,520 77,077 10,220 730,951 $876,820
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