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The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 20Y5: Cash $118,300
The following selected accounts and their current balances appear in the ledger of Kanpur Co. for the fiscal year ended June 30, 20Y5: Cash $118,300 Gerri Faber, Drawing $70,900 Accounts Receivable 303,500 Sales 4,277,700 Merchandise Inventory 359,650 Cost of Merchandise Sold 2,506,800 Office Supplies 11,100 Sales Salaries Expense 704,900 Prepaid Insurance 8,600 Advertising Expense 193,900 Office Equipment 260,400 Depreciation ExpenseStore Equipment 37,800 Accumulated DepreciationOffice Equipment 176,900 Miscellaneous Selling Expense 16,500 Store Equipment 812,800 Office Salaries Expense 384,800 Accumulated DepreciationStore Equipment 260,400 Rent Expense 56,800 Accounts Payable 180,200 Insurance Expense 17,600 Customer Refunds Payable 28,4
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