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Problem Set 2. Diamond Company The following unadjusted trial balance is prepared at fiscal year-end for Diamond Company. DIAMOND COMPANY Unadjusted Trial Balance January 31,

Problem Set 2. Diamond Company

The following unadjusted trial balance is prepared at fiscal year-end for Diamond Company.

DIAMOND COMPANY Unadjusted Trial Balance January 31, 2013

Debit

Credit

Cash

$23,450

Merchandise inventory

$13,000

Store supplies

$5,900

Prepaid insurance

$2,300

Store equipment

$42,800

Accumulated depreciation

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