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se the unadjusted trial balance of Electric Bike on December 31, 2020. Debit Credit Cash $ 7,400 Accounts receivable 21,965 Merchandise inventory 33,900 Store supplies

se the unadjusted trial balance of Electric Bike on December 31, 2020.

Debit Credit
Cash $ 7,400
Accounts receivable 21,965
Merchandise inventory 33,900
Store supplies 2,065
Office supplies 945
Prepaid insurance 4,955
Equipment 66,790
Accumulated depreciation, equipment $ 12,955
Accounts payable 7,300
Salaries payable 0
Braeden Li, capital 159,355
Braeden Li, withdrawals 58,500
Interest income 240
Sales 525,500
Sales returns and allowances 4,370
Cost of goods sold 380,460
Salaries expense 95,600
Rent expense 28,400
Supplies expense 0
Depreciation expense, equipment 0
Insurance expense 0
Totals $ 705,350 $ 705,350

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