Required information [The following information applies to the questions displayed below.] The following post-closing trial balance was drawn from the accounts of Little Grocery Supplier (LGS) as of December 31, Year 1. Debit Credit Cash $6,500 Accounts receivable 18,955 Allowance for doubtful accounts $1,865 Inventory 25,510 Accounts payable 7,045 Common stock 21,100 Retained earnings 20,955 $50,965 $50,965 Totals Transactions for Year 2 Check r