PROBLEM 1-2 JHJ ATHLETIC SHOE STORE 2012 T-ACCOUNTS WITH BALANCES CASH ACCOUNTS RECEIVABLE ALLOWANCE FOR BAD DEBTS SHOE INVENTORY SUPPLIES PREPAID INSURANCE EQUIPMENT ACCUMLATED DEPRECIATION- 800,000 100,000 50,000 10,000 1,000,000 400,000 EQUIP AUTO ACCUMULATED DEPRECIATION- 100,000 75,000 AUTO ACCOUNTS PAYABLE WAGES PAYABLE UNEARNED REVENUE NOTE PAYABLE JHJ COMMON STOCK JHJ RETAINED EARNINGS HJ DIVIDENDS SHOE SALES SHOE SALE RETURNS COST OF GOODS SOLD 80,000 40,000 90,000 2,000,000 1,500,000 109 Page