Presented below is the December 31 trial balance of Kingbird Boutique. Cash Kingbird Boutique Trial Balance December 31 Accounts Receivable Allowance for Doubtful Accounts Inventory, December 31 Prepaid Insurance Equipment Accumulated Depreciation-Equipment 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 $22,300 41,800 81,760 6,380 84,000 433,000 59,200 6,930 70,450 5,300 $811,120 Credit $755 35,460 25,210 83,654 10,800 655,241 $811,120 Construct T-Accounts and enter the balances.