Quick Dot Com Store Trial Balance Mar 31 2021 Acc# List of Account Dr Cr 100 Cash 6680 110 Account Receivable 31000 111 Allowance for Bad Debts 500 116 Merchandise Inventory Jan 01 72000 120Supplies 2840 125 Prepaid Insurance 1080 140 Land 140000 147 Building 200000 151 Equipment 30000 157 Accu Depreciation on Equipment 3000 200 Account Payable 56800 2500 210 Loan Payable 250 Mortgage Loan 300000 300 Dot Com Capital 131900 307 Dot Com Drawing 60000 400 Sales 402000 406 Sale returns 25000 408 Sales Discount 32000 500 Purchases 256000 507 Transportation In 3200 509 Purchase Returns 23000 12000 515 Purchases Discount 619 Salaries for office 622 Advertising Expense 628 Delivery Expense 630 General Expense 637 Property Tax Expense 40000 8000 6500 7800 9600 Totals 931700 931700 Adjustments a) Merchandise inventory at end $ 58000 b) Insurance used during the year $ 380 c) Supplies at end $ 2200 d) Equipment depreciates at the rate of 20% p a declining method ** e) Interest due on bank loan $700 f) Salaries unpaid $ 2000 g) Bad Debts allowance Expense is $ 350 for the year. Quick Dot Com Store Trial Balance Mar 31 2021 Acc# List of Account Dr Cr 100 Cash 6680 110 Account Receivable 31000 111 Allowance for Bad Debts 500 116 Merchandise Inventory Jan 01 72000 120Supplies 2840 125 Prepaid Insurance 1080 140 Land 140000 147 Building 200000 151 Equipment 30000 157 Accu Depreciation on Equipment 3000 200 Account Payable 56800 2500 210 Loan Payable 250 Mortgage Loan 300000 300 Dot Com Capital 131900 307 Dot Com Drawing 60000 400 Sales 402000 406 Sale returns 25000 408 Sales Discount 32000 500 Purchases 256000 507 Transportation In 3200 509 Purchase Returns 23000 12000 515 Purchases Discount 619 Salaries for office 622 Advertising Expense 628 Delivery Expense 630 General Expense 637 Property Tax Expense 40000 8000 6500 7800 9600 Totals 931700 931700 Adjustments a) Merchandise inventory at end $ 58000 b) Insurance used during the year $ 380 c) Supplies at end $ 2200 d) Equipment depreciates at the rate of 20% p a declining method ** e) Interest due on bank loan $700 f) Salaries unpaid $ 2000 g) Bad Debts allowance Expense is $ 350 for the year