TAMARISK BOUTIQUE TRIAL BALANCE DECEMBER 31 Debit Credit Cash $25,800 Accounts Receivable 38,600 Allowance for Doubtful Accounts $637 Inventory, December 31 81,140 Prepaid Insurance 5,530 Equipment Accumulated Depreciation-Equipment Notes Payable 91,000 31,960 25,390 Common Stock 74,648 Retained Earnings 10,150 Sales Revenue 731,495 Cost of Goods Sold 484,800 Salaries and Wages Expense (sales) 67,100 Advertising Expense 6,700 Salaries and Wages Expense (administrative) 68,970 Supplies Expense 4,640 $874,280 $874,280