NELSON COMPANY Unadjusted Trial Balance January 31 Debit Credit Cash $ 21,750 Merchandise inventory 14,000 Store supplies 5,900 Prepaid insurance 2,700 Store equipment 42,800 Accumulated depreciation-Store equipment $ 16,150 Accounts payable 14,000 J. Nelson, Capital 38,000 J. Nelson, Withdrawals 2,200 Sales 114, 700 Sales discounts 1,850 Sales returns and allowances 2,150 Cost of goods sold 38,000 Depreciation expense-Store equipment 0 Sales salaries expense 12,750 Office salaries expense 12,750 Insurance expense 0 Rent expense-Selling space 8,000 Rent expense-Office space 8,000 0 Store supplies expense Advertising expense Totals Additional Information: 10,000 $ 182,850 $ 182,850