Probiam: The Adjustad trial balance of Juan's Store as at July 31, 2017 is givan below: Juan Store Adjusted Trial Balance July 31, 2017 Cash 50,000 Accounts Receivable 10.000 Allowance for Uncollecti ble Accounts 1000 Merhandise Inventory, July 31 Stare supplies Prepaid Rent Stare Equipment Accumulated Deprediation 3,500 10,000 60000 600 Furniture 10,000 Accumulated Depredation Accounts Payable Notes Payable 5,000 10.000 Juan, Capital Juan, Drawing 187.300 10.000 Sales 100.000 Sales discount 800 Purchases 120,000 Freight in 6,500 Purchase discount s,000 Salaries Experse 15,000 Rent Expense 5,000 Advertising Expense 3,500 Store supplies Expense 4,000 Depreciation Expense- Store Equipment 600 Depreciation Expense-furniture 500 Total 309,400 309.400 The marchandise invantory, July 31 is P65,000 Prapara the Income Statement Juan Store Income Statement Nat Sales Loss: Add Total Less Less: Los Not Protia