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Kelly Croft operates a small sole proprietorship (Kelly's Store). Their adjusted trial balance is shown below (Year Ended December 31, 2020): DR Accounts Payable Accounts
Kelly Croft operates a small sole proprietorship (Kelly's Store). Their adjusted trial balance is shown below (Year Ended December 31, 2020): DR Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Cash Equipment Interest Expense Interest Income Interest Receivable Kelly Croft, Capital Kelly Croft, Withdrawal Lease Expense Prepaid Expenses Revenue Depreciation Expense Salaries Expense Salaries Payable Supplies Supplies Expense Unearned Revenue Utilities Expense TOTAL CR $5,000 $7,000 $22,000 $6,000 $150,000 $1,500 $1,000 $200 $110,000 $5,600 $5,800 $1,500 $35,000 $2,000 $13,000 $1,000 $2,900 $900 $25,500 $3,100 $199,500 $199,500
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