Juan Store Adjusted Trial Bal ance July 31, 2017 Cash 50,000 Accounts Receivable 10,000 Allowance for Uncollecti ble Accounts 1,000 Merhandise Inventory, July 31 Store supplies 3,500 Prepaid Rent 10,000 Store Equipment 60,000 Accumulated Depredation 600 Fumiture 10,000 Accumulated Depredation Accounts Payable 500 5,000 Notes Payable 10,000 Juan, Capital 187,300 Juan, Drawing 10,000 Sales 100,000 Sales discount 800 Purchases 120,000 Freight in Purchase discount 6,500 5,000 Salaries Expense 15,000 Rent Expense Advertising Expense Store supplies Expense 5,000 3,500 4,000 Depreciation Expense- Store Equipment Depreciation Expense- furniture 600 500 Total 309,400 P 309,400 The merchandise inventory, July 31 is P65,000 Prepare the Statement of Changes in Equity: Juan Store Statement of Changes in Equity For the Month Ended July 31, 2017 Add: Total Less